Impact of Environmental Taxes in The Decrease of Ecological Risks During Globalization Process: European Union Case

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There have been quickly increases in the production and consumption in the world depending industrialization and technological progress. Both producers and consumers may look out for themselves during this process, but disregard the negative externalities which they can cause. This situation may devastate the environment which is a global public good. Therefore, many countries, notably EU countries, haven taken a series of measures and especially environment tax is included in the tax legislation. This study examined the impact of environment taxes on the environmental pollution in 25 EU countries during the period 1995-2012 by using panel data analysis. We found that total environment taxes and transportation taxes did not have impact on the environmental pollution, while energy taxes had negative impact on the environmental pollution

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Globalization , Global Ecological Risks , Environmental Tax , Environmental Pollution , Panel Data Analysis

Journal Of Management an‎d Economics

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Journal Of Management an‎d Economics