Publication Details |
| Category | Text Publication |
| Reference Category | Journals |
| DOI | 10.1002/eet.1760 |
| Document | Shareable Link |
| Title (Primary) | Municipal responses to ecological fiscal transfers in Brazil: a microeconometric panel data approach |
| Author | Droste, N.; Lima, G.R.; May, P.H.; Ring, I. |
| Source Titel | Environmental Policy and Governance |
| Year | 2017 |
| Department | OEKON |
| Volume | 27 |
| Issue | 4 |
| Page From | 378 |
| Page To | 393 |
| Language | englisch |
| Keywords | conservation incentives; ecological fiscal transfers; economic instruments; fiscal federalism; ICMS-Ecológico; policy evaluation |
| UFZ wide themes | RU6; |
| Abstract | Ecological fiscal transfers in Brazil, the so-called ICMS-Ecológico or ICMS-E, redistribute part of the state-level value-added tax revenues on the basis of ecological indicators to local governments. We analyze whether the introduction of this economic instrument in a state offers incentives to municipal responses in terms of further protected area (PA) designation. We provide a microeconomic model for the functioning of ICMS-E and test the derived hypothesis empirically. Employing an econometric analysis on panel data for two decades we estimate the correlation of the introduction of ICMS-E in Brazilian states with PA coverage. We find that the introduction of ICMS-E correlates with a higher average PA share. While the introduction of ICMS-E schemes may be a compensation for a high share of federal and state PA, we also find an incentive effect for municipalities to designate additional PA. |
| Persistent UFZ Identifier | https://www.ufz.de/index.php?en=20939&ufzPublicationIdentifier=18698 |
| Droste, N., Lima, G.R., May, P.H., Ring, I. (2017): Municipal responses to ecological fiscal transfers in Brazil: a microeconometric panel data approach Environ. Policy Gov. 27 (4), 378 - 393 10.1002/eet.1760 |
|