Environmental Tax Revenue and Expenditures in EU and Serbia - Lessons to be Learnt from Statistics
DOI:
https://doi.org/10.4335/18.3.503-522(2020)Keywords:
environmental tax revenue, environmental expenditures, statistics, EU, SerbiaAbstract
In this research, we emphasize the issues of collecting environmental taxes and spending for environmental protection at the EU 28 plus countries as a benchmark and Serbia. We find no correlation between environmental taxes in EU and expenses incurred for the environment, while at the same time there is a positive, statistically significant relationship between the two variables in Serbia. The observed period covers 2009-2017. This means that government taxes and budget are the main sources of financing green projects in Serbia, therefore, showing lower environmental awareness of companies and citizens.
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