June 3, 2021 | Documents

Introducing an Air Ticket Tax in Switzerland: Estimated Effects on Demand

Air travel is now recognized as the most important driver of anthropogenic climate change of all Swiss economic sectors, ahead of ground transport. Furthermore, It is widely expected that Swiss air travel will return to pre-COVID levels and continue its rise thereafter. We estimate that the planned air ticket tax in the revised CO2 Act would reduce future Swiss air travel demand in the future, by incentivising substitution behaviour away from air travel.

December 12, 2020 | Documents

Green Domestic Product: Netting Greenhouse Gas Emissions from Gross Domestic Product

The Gross Domestic Product (GDP) is rightly criticized for not being an accurate measure of economic value added since it does not account for the environmental damages caused by the underlying economic activity.