The Economic Consequences of Effective Carbon Taxes
利用新型月度有效碳税率指标，研究北欧四国碳税对行业和宏观经济的影响，发现碳税虽减少排放但也抑制经济活动，且效果因行业和国家而异。
This paper studies the sectoral and macroeconomic consequences of carbon taxes in four Nordic countries using a novel monthly measure of effective carbon tax rates. The suggested measure accounts for the time-varying emission coverage of taxes that are both explicitly and implicitly levied on greenhouse gas-emitting goods, thereby solving several issues of existing carbon tax measures currently used by the literature. Employing the new measure in a local projection setting, I find that carbon taxes reduce emissions as expected but also impair macroeconomic activity—though there is some heterogeneity in the effects across sectors and countries.