Tax on the carbon dioxide emissions: an analysis of the european case

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David Andrés Camargo Mayorga
https://orcid.org/0000-0002-5290-8251
Liliana Elizabeth Ruiz Acosta
https://orcid.org/0000-0003-3323-8480
Octavio Cardona García
https://orcid.org/0000-0001-6257-5270

Abstract

This article performs data analysis with panel-vector autoregressive (PVAR) data for determining the effectiveness of the environmental taxes upon the emission of carbon dioxide (CO2) in the mining and transport sector in thirty-five European countries. An econometric analysis is performed with simultaneous variables as are the taxes and the CO2 generation, which are affecting one another. The most relevant result of this study displays how the CO2 emissions of the transport and mining sectors are not affected by the taxes. This is a very important discussion for Colombia given that only recently it taxes carbon emissions and it has a great use potential in the fossil energy industries, which also generates contaminating emissions.

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Author Biographies

David Andrés Camargo Mayorga, Military University Nueva Granada

Economista y Magíster en Economía, Pontificia Universidad Javeriana, Bogotá, Colombia. Magister en Educación, Universidad Militar Nueva Granada, Bogotá, Colombia. Docente Investigador de tiempo completo y miembro del grupo de Estudios Contemporáneos en Contabilidad, Gestión y Organizaciones, Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, Bogotá, Colombia. Correo electrónico: david.camargo@unimilitar.edu.co . Orcid: https://orcid.org/0000-0002-5290-8251 .

Liliana Elizabeth Ruiz Acosta, Military University Nueva Granada

Contador Público, Universidad Mariana, Pasto, Colombia. Magíster en Gestión Empresarial de la Universidad
Libre, Cali, Colombia. Docente y miembro del grupo Ataralwa-Ama, Departamento de Contaduría Pública,
Universidad Central, Bogotá, Colombia. Docente Investigador de tiempo completo y miembro del grupo GECS,
Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, Bogotá, Colombia. Correo electrónico:
liliana.ruiz@unimilitar.edu.co. Orcid: https://orcid.org/0000-0003-3323-8480.tá, Colombia.

Octavio Cardona García, Military University Nueva Granada

Economista, Universidad Militar Nueva Granada, Bogotá, Colombia. Miembro del grupo de Estudios Contemporáneos en Contabilidad, Gestión y Organizaciones, Facultad de Ciencias Económicas, Universidad Militar Nueva Granada, Bogotá, Correo electrónico: octavio.cardona.g@gmail.com . Orcid: https://orcid.org/0000-0001-6257-5270 .

How to Cite

Camargo Mayorga, D. A., Ruiz Acosta, L. E., & Cardona García, O. (2020). Tax on the carbon dioxide emissions: an analysis of the european case. Semestre Económico, 23(54), 201-223. https://doi.org/10.22395/seec.v23n54a10

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