Scopus
YÖKSİS Eşleşti
Does fiscal policy spur environmental issues? New evidence from selected developed countries
International Journal of Environmental Science and Technology · Kasım 2022
YÖKSİS Kayıtları
Does fiscal policy spur environmental issues? New evidence from selected developed countries
International Journal of Environmental Science and Technology · 2022 SCI-Expanded
DOÇENT İBRAHİM ÖZMEN →
Makale Bilgileri
DergiInternational Journal of Environmental Science and Technology
Yayın TarihiKasım 2022
Cilt / Sayfa19 · 10831-10844
Scopus ID2-s2.0-85122987816
Özet
In this study, we investigate the effects of fiscal policies on the environment with annual frequency period from 1972 to 2017 data for countries such as Australia, Chile, Finland, the UK, and Sweden. This study leverages on second-generation unit root tests, bootstrap cointegrated test, and long-run coefficient estimators suitable for heterogeneous panels under review. Empirical results of the long-run coefficient estimators are consistent with economic-environmental intuition and extant literature. However, in terms of fiscal policy, these results do not provide any evidence of the expected mitigating effects on environmental pollution in any country. Our main findings show that revenue policy does not go beyond funding government expenditure in these countries. Based on these results, we propose two new concepts to the literature on carbon taxes. We call these concepts New Environmental Sin Taxes and Global Environmental Debts. We base this result on the argument that regional solutions to global problems are insufficient.
Yazarlar (4)
1
Ibrahim Özmen
ORCID: 0000-0003-2632-4217
2
G. Özcan
ORCID: 0000-0002-1950-4255
3
C. C. Özcan
ORCID: 0000-0002-1951-5894
4
Festus Victor Bekun
ORCID: 0000-0003-4948-6905
Anahtar Kelimeler
Cross-section dependence
Environmental tax
Fiscal policy
Heterogeneous panel
Kurumlar
İstanbul Gelişim Üniversitesi
Istanbul Turkey
Necmettin Erbakan Üniversitesi
Meram Turkey
Selçuk Üniversitesi
Selçuklu Turkey
South Ural State University
Chelyabinsk Russian Federation
Metrikler
10
Atıf
4
Yazar
4
Anahtar Kelime