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| Author: | Modesto, L. |
| Title: | Energy taxation in Southern Europe: the case of Portugal |
| Journal: | Environmental and Resource Economics
1993 : FEB, VOL. 3:1, p. 23-39 |
| Index terms: | ENERGY POLICY PORTUGAL TAXATION EUROPEAN COMMUNITY |
| Language: | eng |
| Abstract: | The problem whether or not the imposition of a common EC energy-tax will penalize more the poorer Southern European economies and this will harm convergence at the EC level is investigated. The existing studies and empirical evidence is briefly surveyed. Then the results obtained when using the macroeconometric HERMES models to simulate the introduction of an energy-tax are described. Conclusions from the results of applying HERMES to Portugal are drawn. Finally, the corvengence in Europe and the effects of energy taxation on convergence are considered. It is shown that energy taxation will harm growth all over the EC, and will have adverse effects on convergence. |
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