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Carbon pricing pass-through: Evidence from Ontario and Quebec's wholesale gasoline markets

机译:碳定价传递:来自安大略省和魁北克批发汽油市场的证据

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摘要

Governments in Ontario and Quebec, two Canadian provinces, have required their fuel distributors to participate in carbon markets and to buy allowances covering their greenhouse gas emissions. The resulting carbon pricing can impose an indirect tax on gasoline retailers through the higher wholesale price they pay. This paper's goal is to measure carbon pricing pass-throughs in Ontario and Quebec's wholesale gasoline markets. Although carbon pricing pass-throughs are uniform within each province, they are higher in Ontario where over-shifting is observed. Higher (lower) levels of pass-throughs in Ontario (Quebec) might be explained by less (more) competitive wholesale gasoline markets.
机译:加拿大两个省安大略省和魁北克省的政府已要求其燃料分销商参与碳市场,并购买其温室气体排放量的配额。由此产生的碳定价可以通过他们支付的较高批发价格对汽油零售商征收间接税。本文的目标是衡量安大略和魁北克的汽油批发市场的碳定价传递。尽管每个省的碳定价传递都是统一的,但在安大略省,碳传递的传递较高。安大略省(魁北克)的通过量较高(较低)的原因可能是竞争性汽油批发市场较少(更多)。

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