| Abstract [eng] |
The first part of the paper identifies the need to study energy tax factors. The second part of the paper analyzes scientific literature of factors of energy taxes: energy efficiency, economic growth, public finance and corporate financial performance. In the third part of the work, based on the analysis of the scientific literature, a methodology for assessing energy taxes factors is established. The fourth part of the paper conducts empirical research to identify which factors and how they influence the energy taxes rate in European Union countries. Through correlation and panel data regression analysis, it was found that the increase in the energy taxes rate is driven by the increase in the share of renewable energy in final energy consumption, GDP per capita, final energy consumption, trade openness, and government debt. The increase in energy intensity, non-financial corporate investments, and non-financial corporate return on equity have a negative relationship with the energy taxes rate. Factors such as CO2 emissions and non-financial corporate profitability do not have a statistically significant relationship with implicit tax rate on energy. |
