The aim of this study is to analyze the effect that the Energy Tax Directive reform proposed in 2011 would have, if implemented, on the level of prices in the different sectors of the 27 countries of the European Union. We apply a multiregional and multisectoral model of trade flows that takes...

In the run-up to the Copenhagen climate summit, the USA announced an emissions reduction target of 17% by 2020 (relative to 2005), and the EU of 20-30% (relative to 1990). For the same time horizon, China offered to reduce the CO2-intensity of its economy by 40-45% (relative to 2005), but...

This paper explores the relationship between CO2 emissions and economic activity for 31 countries (28 OECD, Brazil, China, and India) during the period 1950 to 2006 using cointegration analysis. Single country long run relationships are estimated, and equality in the functional form, the...

The design of European mitigation policies requires a detailed examination of the factors explaining the unequal emissions in the different countries. This research analyzes the evolution of inequality in CO2 emissions per capita in the European Union (EU-27) in the period 1990–2009 and its...

Using cointegration techniques, we investigate the determinants of gasoline demand in Switzerland over the period 1970–2008. We obtain a very weak price elasticity of −0.09 in the short run and −0.34 in the long run. For fuel demand, i.e. gasoline plus diesel, the corresponding price...