Diesel price convergence and mineral oil taxation in Europe
نویسندگان
چکیده
We empirically analyze convergence of European producer and consumer prices for diesel fuel and investigate the role of excise taxation. By comparing the speed of convergence of prices and taxes we find a surprisingly fast speed of convergence for consumer prices. While this can in part be explained by fuel tourism, the main driving force is producer price dynamics. Tax convergence contributes weakly to price convergence, but the overall effect is to slow down consumer relative to producer price convergence.
منابع مشابه
Road fuel taxes in Europe: Do they internalize road transport externalities?
All countries in Europe have road fuel taxes and these account for roughly half of the net fuel price. We compare current road fuel taxes and corrective taxes, estimated on the basis of negative externalities from road transport for 22 European countries, taking into account the effect of fuel taxation on fuel efficiency. We focus on cars running on diesel or petrol and commercial vehicles runn...
متن کاملLife cycle cost and sensitivity analysis of palm biodiesel production
0016-2361/$ see front matter 2012 Elsevier Ltd. A http://dx.doi.org/10.1016/j.fuel.2012.03.031 ⇑ Corresponding author. Tel.: +60 16 590 3110; fax E-mail address: [email protected] (H.C. Ong). Increased biodiesel production is being proposed as one solution to the need to ease the impact of increased demand for crude oil and to reduce emissions of greenhouse gases. Despite this, biodiesel has ye...
متن کاملThe Incidence of an Oil Glut: Who Benefits from Cheap Crude Oil in the Midwest?
Beginning in early 2011, crude oil production in the U.S. Midwest and Canada surpassed the pipeline capacity to transport it to the Gulf Coast where it could access the world oil market. As a result, the U.S. “benchmark” crude oil price in Cushing, Oklahoma, declined substantially relative to internationally traded oil. In this paper, we study how this development affected prices for refined pr...
متن کاملPetroleum Tax Regime in Iran
Taxation is one of the significant phenomena in any economy as it not only generates revenues for existing government, but also serves as a fiscal tool and stabilization policy. One of the main types of taxation is the petroleum tax which accounts for more than 30% of revenue for developed countries and more than 85% for developing economies. This work focuses on petroleum producing giants in ...
متن کاملBiodiesel Production and its Emissions and Performance: A Review
This paper presents a brief review on the current status of biodiesel production and its performance and emission characteristics as compression ignition engine fuel. This study is based on the reports on biodiesel fuel published in the current literature by different researchers. Biodiesel can be produced from crude vegetable oil, non-edible oil, waste frying oil, animal tallow and also from a...
متن کامل