| Title: |
Welfare implications of a carbon tax in a long-distance passenger market |
| Authors: |
Cherbonnier, Frédéric; Ivaldi, Marc; Muller-Vibes, Catherine; Van der Straeten, Karine |
| Contributors: |
Toulouse School of Economics (TSE-R); Université Toulouse Capitole (UT Capitole); Communauté d'universités et établissements de Toulouse (Comue de Toulouse)-Communauté d'universités et établissements de Toulouse (Comue de Toulouse)-École des hautes études en sciences sociales (EHESS)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE); Sciences Po Toulouse - Institut d'études politiques de Toulouse (IEP Toulouse); École des hautes études en sciences sociales (EHESS); Unknown; Institute for Advanced Study in Toulouse (IAST); Centre National de la Recherche Scientifique (CNRS) |
| Source: |
https://hal.science/hal-05183825 ; 2025. |
| Publisher Information: |
CCSD |
| Publication Year: |
2025 |
| Collection: |
Institut National de la Recherche Agronomique: ProdINRA |
| Subject Terms: |
Modal competition; environmental externalities; carbon tax; high-speed rail; [SHS.ECO]Humanities and Social Sciences/Economics and Finance |
| Description: |
National audience ; This study estimates the impact of a carbon tax on welfare, considering modal shifts to less carbon-intensive transport, as well as its effects on environmental and fiscal externalities. We calibrate a modal competition model using logit demand functions for a specific long-distance connection in France and simulate the introduction of a Pigouvian tax. Our key findings are: First, a €190/tCO2 carbon tax is nearly welfare-neutral but significantly detrimental to consumer surplus; Second, rail price regulation has the side effect of reducing greenhouse gas emissions by subsidizing the cleanest transport mode; Third, the widespread adoption of electric vehicles enhances overall welfare without significantly harming consumer surplus. |
| Document Type: |
report |
| Language: |
English |
| Availability: |
https://hal.science/hal-05183825; https://hal.science/hal-05183825v1/document; https://hal.science/hal-05183825v1/file/wp_tse_1656.pdf |
| Rights: |
https://about.hal.science/hal-authorisation-v1/ ; info:eu-repo/semantics/OpenAccess |
| Accession Number: |
edsbas.A4F85F1E |
| Database: |
BASE |