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Macroeconomic and sectoral effects of energy taxation in Austria
Authors:Angela Koeppl  Kurt Kratena  Claudia Pichl  Fritz Schebeck  Stefan Schleicher  Michael Wueger
Affiliation:(1) Austrian Institute of Economic Research, Postfach 91, A-1103 Vienna, Austria;(2) Department of Economics, University of Graz, Schubertstraße 6a, A-8010 Graz, Austria
Abstract:This paper analyses the effects of energy taxation on the Austrian economy. Simulations are carried out with a linked input-output macromodel. The macroeconomic effects of an energy tax on economic growth, employment, the rate of inflation (change in the consumer price index), the budget deficit and the current account will be explained, as well as the sectoral impact on different industries.
Keywords:energy taxation  modelling and simulation
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