{"id":55695,"date":"2023-12-01T18:48:47","date_gmt":"2023-12-01T17:48:47","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/effects-of-environmental-and-carbon-taxation-a-literature-review\/"},"modified":"2025-07-08T17:46:53","modified_gmt":"2025-07-08T15:46:53","slug":"effects-of-environmental-and-carbon-taxation-a-literature-review","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/55695\/","title":{"rendered":"Effects of Environmental and Carbon Taxation. A Literature Review"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-55695","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"In view of the challenges posed by climate change and the increase in climate targets by 2030 in the EU, as well as Austria's goal of achieving climate neutrality by 2040, the question of effective climate policy instruments is gaining in importance. The pricing of CO2, for instance in the form of a carbon tax, and the question of its effects are therefore attracting increasing attention in the academic as well as economic and environmental policy debate. The paper provides a detailed overview of the theoretical and empirical literature on the effects of carbon taxes. The focus is on the most important impact dimensions of carbon taxes: environmental effectiveness, effects on important macroeconomic variables (especially growth and employment), effects on innovation and competitiveness, distributional effects, and public acceptance.","onlinedate":"2021-01-20 12:00:00","lang":"English","publication_series":"","publication_date":"20210101","publication_date_year":"","publication_date_full":false,"publication_num_pages":"51","keywords":"[]","jelcodes":"[]","related_publications":"[]","pdf":428469,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"","monthly_report_pages":"","monthly_report_pages_sort":"0","issue":"619","journal":"WIFO Working Papers","publisher":"","invisible":false,"external":false,"embargo_date":"2021-01-20 12:00:00","types":[44410],"research_groups":[3655,3500],"collaboration":"","persons":[3671,3830],"persons_data":"[{\"personId\":3671,\"personName\":\"Angela K\u00f6ppl\",\"organisationNames\":[]},{\"personId\":3830,\"personName\":\"Margit Schratzenstaller\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[40979,40961],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>K\u00f6ppl, A.<\\\/span><span>, &amp; Schratzenstaller, M.<\\\/span> (2021). <span>Effects of Environmental and Carbon Taxation. A Literature Review<\\\/span>. <span><em>WIFO Working Papers<\\\/em><\\\/span>, (619). <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66813\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/66813<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>K\u00f6ppl A<\\\/span><span>, Schratzenstaller M<\\\/span>. <span class=\\\"title\\\"><span>Effects of Environmental and Carbon Taxation. A Literature Review<\\\/span><\\\/span>. <span>WIFO Working Papers<\\\/span>. 2021 Jan;(619).<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{1772d7e2e35c4420a47051c48c6e5023,<\\\/div><div>  title    = \\\"Effects of Environmental and Carbon Taxation. A Literature Review\\\",<\\\/div><div>  abstract = \\\"In view of the challenges posed by climate change and the increase in climate targets by 2030 in the EU, as well as Austria's goal of achieving climate neutrality by 2040, the question of effective climate policy instruments is gaining in importance. The pricing of CO2, for instance in the form of a carbon tax, and the question of its effects are therefore attracting increasing attention in the academic as well as economic and environmental policy debate. The paper provides a detailed overview of the theoretical and empirical literature on the effects of carbon taxes. The focus is on the most important impact dimensions of carbon taxes: environmental effectiveness, effects on important macroeconomic variables (especially growth and employment), effects on innovation and competitiveness, distributional effects, and public acceptance.\\\",<\\\/div><div>  keywords = \\\"Carbon Tax, Climate Policy, Distributional Effects, Double Dividend Hypothesis, Environmental Taxation, Price-based Instruments\\\",<\\\/div><div>  author   = \\\"Angela K{\\\\\\\"o}ppl and Margit Schratzenstaller\\\",<\\\/div><div>  note     = \\\"Effects of Environmental and Carbon Taxation. A Literature Review\\\",<\\\/div><div>  year     = \\\"2021\\\",<\\\/div><div>  month    = jan,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  journal  = \\\"WIFO Working Papers\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - Effects of Environmental and Carbon Taxation. A Literature Review<\\\/p><p>AU  - K\u00f6ppl, Angela<\\\/p><p>AU  - Schratzenstaller, Margit<\\\/p><p>N1  - Effects of Environmental and Carbon Taxation. A Literature Review<\\\/p><p>PY  - 2021\\\/1<\\\/p><p>Y1  - 2021\\\/1<\\\/p><p>N2  - In view of the challenges posed by climate change and the increase in climate targets by 2030 in the EU, as well as Austria's goal of achieving climate neutrality by 2040, the question of effective climate policy instruments is gaining in importance. 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