The impact of a carbon tax on manufacturing: Evidence from microdata

• 成果类型: Article
• 署名作者: Martin, Ralf; de Preux, Laure B.; Wagner, Ulrich J.
• 署名单位: Imperial College London; University of London; London School Economics & Political Science; Universidad Carlos III de Madrid
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2014.04.016
• 发表日期: 2014
• 页码: 1-14
• 关键词: Carbon tax; Climate Change Levy; Energy use; Manufacturing; Policy Evaluation; uk

摘要

We estimate the impact of a carbon tax on manufacturing plants using panel data from the UK production census. Our identification strategy builds on the comparison of outcomes between plants subject to the full tax and plants that paid only 20% of the tax. Exploiting exogenous variation in eligibility for the tax discount, we find that the carbon tax had a strong negative impact on energy intensity and electricity use. No statistically significant impacts are found for employment, revenue or plant exit (C) 2014 The Authors. Published by Elsevier B.V. This is an open access article under the CC BY license (http://creativecommons.org/licenses/by/3.0/).