Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries

The aim of this paper is to show whether the current system of environmental taxation and environmental policies of the states is efficient for solving environmental problems. We analyze the link between environmental tax revenues and total government expenditure as independent variables and governm...

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Main Authors: Miloš Stojanović, Sonja Becić, Goran Stojanović
Format: Article
Language:English
Published: Toplica Academy of Applied Studies, Department of Business Studies Blace 2022-06-01
Series:BizInfo
Subjects:
Online Access:https://bizinfo.edu.rs/index.php/bizinfo/article/view/270
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author Miloš Stojanović
Sonja Becić
Goran Stojanović
author_facet Miloš Stojanović
Sonja Becić
Goran Stojanović
author_sort Miloš Stojanović
collection DOAJ
description The aim of this paper is to show whether the current system of environmental taxation and environmental policies of the states is efficient for solving environmental problems. We analyze the link between environmental tax revenues and total government expenditure as independent variables and government expenditures for environmental protection as dependent variable in selected EU countries. By the implementation of panel data regression analysis on a defined sample, we came to the conclusion that among the observed variables there is a positive relationship. However, this relationship shows that the growth of expenditures for environmental protection is slower than the growth of total expenditure. The results also suggest that the relationship between revenues from environmental taxes and expenditures of the state in the area of environmental protection is a little weaker. With respect to the result of the analysis, it can be concluded that the existing state policy in is not sufficiently effective.
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spelling doaj-art-3b88fd9ee7a9461fbdd45cee63858eb92025-08-20T02:23:36ZengToplica Academy of Applied Studies, Department of Business Studies BlaceBizInfo2217-27692406-23242022-06-01131111810.5937/bizinfo2201011S257Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countriesMiloš Stojanović0Sonja Becić1Goran Stojanović2University Union Nikola Tesla Belgrade, Faculty of Applied Sciences in Niš, SerbiaUniversity Union Nikola Tesla Belgrade, Faculty of Applied Sciences in Niš, SerbiaMinistry of Finance of the Republic of Serbia - Tax Administration in Niš, SerbiaThe aim of this paper is to show whether the current system of environmental taxation and environmental policies of the states is efficient for solving environmental problems. We analyze the link between environmental tax revenues and total government expenditure as independent variables and government expenditures for environmental protection as dependent variable in selected EU countries. By the implementation of panel data regression analysis on a defined sample, we came to the conclusion that among the observed variables there is a positive relationship. However, this relationship shows that the growth of expenditures for environmental protection is slower than the growth of total expenditure. The results also suggest that the relationship between revenues from environmental taxes and expenditures of the state in the area of environmental protection is a little weaker. With respect to the result of the analysis, it can be concluded that the existing state policy in is not sufficiently effective.https://bizinfo.edu.rs/index.php/bizinfo/article/view/270environmental taxesthe environmentgovernment spendingecological tax reformearnmarked revenues
spellingShingle Miloš Stojanović
Sonja Becić
Goran Stojanović
Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
BizInfo
environmental taxes
the environment
government spending
ecological tax reform
earnmarked revenues
title Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
title_full Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
title_fullStr Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
title_full_unstemmed Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
title_short Participation of environmental taxes in government expenditures for environmental protection: the case of selected EU countries
title_sort participation of environmental taxes in government expenditures for environmental protection the case of selected eu countries
topic environmental taxes
the environment
government spending
ecological tax reform
earnmarked revenues
url https://bizinfo.edu.rs/index.php/bizinfo/article/view/270
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AT goranstojanovic participationofenvironmentaltaxesingovernmentexpendituresforenvironmentalprotectionthecaseofselectedeucountries