{"id":"https://openalex.org/W7212673147","doi":"https://doi.org/10.3390/jrfm19090724","title":"Green Fiscal Instruments and the Circular Economy Transition in the EU-27: Does the Structure of Environmental Taxation Matter?","display_name":"Green Fiscal Instruments and the Circular Economy Transition in the EU-27: Does the Structure of Environmental Taxation Matter?","publication_year":2026,"publication_date":"2026-09-14","ids":{"openalex":"https://openalex.org/W7212673147","doi":"https://doi.org/10.3390/jrfm19090724"},"language":"en","primary_location":{"id":"doi:10.3390/jrfm19090724","doi":"https://doi.org/10.3390/jrfm19090724","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm19090724","pdf_url":null,"source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.3390/jrfm19090724","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043722986","display_name":"Vanya Georgieva","orcid":"https://orcid.org/0000-0002-3900-6544","observed_orcids":["https://orcid.org/0000-0002-3900-6544"]},"institutions":[{"id":"https://openalex.org/I4210144807","display_name":"Agricultural University Plovdiv","ror":"https://ror.org/04e5bwf87","country_code":"BG","type":"education","lineage":["https://openalex.org/I4210144807"]}],"countries":["BG"],"is_corresponding":true,"raw_author_name":"Vanya Georgieva","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0002-3900-6544","affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5023636193","display_name":"Nadezhda Blagoeva","orcid":"https://orcid.org/0000-0001-7806-0335","observed_orcids":["https://orcid.org/0000-0001-7806-0335"]},"institutions":[{"id":"https://openalex.org/I4210144807","display_name":"Agricultural University Plovdiv","ror":"https://ror.org/04e5bwf87","country_code":"BG","type":"education","lineage":["https://openalex.org/I4210144807"]}],"countries":["BG"],"is_corresponding":false,"raw_author_name":"Nadezhda Blagoeva","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0001-7806-0335","affiliations":[]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5043722986"],"corresponding_institution_ids":["https://openalex.org/I4210144807"],"apc_list":{"value":1400,"currency":"CHF","value_usd":1689},"apc_paid":{"value":1400,"currency":"CHF","value_usd":1689},"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.62230172,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":"19","issue":"9","first_page":"724","last_page":"724"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.21389999985694885,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10471","display_name":"Climate Change Policy and Economics","score":0.21389999985694885,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13042","display_name":"Economic and Fiscal Studies","score":0.1665000021457672,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10539","display_name":"Sustainable Supply Chain Management","score":0.14749999344348907,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/circular-economy","display_name":"circular economy","score":0.6869999766349792},{"id":"https://openalex.org/keywords/environmental-taxation","display_name":"environmental taxation","score":0.9729999899864197},{"id":"https://openalex.org/keywords/energy-taxes","display_name":"energy taxation","score":0.6769999861717224},{"id":"https://openalex.org/keywords/emission-taxes","display_name":"pollution taxes","score":0.7820000052452087},{"id":"https://openalex.org/keywords/transport-taxation","display_name":"transport taxation","score":0.8569999933242798},{"id":"https://openalex.org/keywords/natural-resource-taxation","display_name":"resource taxation","score":0.781000018119812},{"id":"https://openalex.org/keywords/municipal-waste-recycling","display_name":"municipal waste recycling","score":0.8339999914169312},{"id":"https://openalex.org/keywords/agricultural-specialization","display_name":"agricultural specialization","score":0.9010000228881836},{"id":"https://openalex.org/keywords/tax-revenue-structure","display_name":"tax revenue structure","score":0.5609999895095825},{"id":"https://openalex.org/keywords/eu-27","display_name":"EU-27","score":0.843999981880188}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7062000036239624},{"id":"https://openalex.org/C2779343474","wikidata":"https://www.wikidata.org/wiki/Q3109175","display_name":"Context (archaeology)","level":2,"score":0.5539000034332275},{"id":"https://openalex.org/C195487862","wikidata":"https://www.wikidata.org/wiki/Q850210","display_name":"Revenue","level":2,"score":0.5317999720573425},{"id":"https://openalex.org/C121964417","wikidata":"https://www.wikidata.org/wiki/Q385503","display_name":"Tax revenue","level":2,"score":0.5295000076293945},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.5171999931335449},{"id":"https://openalex.org/C2910001868","wikidata":"https://www.wikidata.org/wiki/Q458","display_name":"European union","level":2,"score":0.4984999895095825},{"id":"https://openalex.org/C2777448596","wikidata":"https://www.wikidata.org/wiki/Q497743","display_name":"Circular economy","level":2,"score":0.48559999465942383},{"id":"https://openalex.org/C111326686","wikidata":"https://www.wikidata.org/wiki/Q128635","display_name":"Value-added tax","level":2,"score":0.4300000071525574},{"id":"https://openalex.org/C551662922","wikidata":"https://www.wikidata.org/wiki/Q2346630","display_name":"Tax reform","level":2,"score":0.3903999924659729},{"id":"https://openalex.org/C27548731","wikidata":"https://www.wikidata.org/wiki/Q88272","display_name":"Investment (military)","level":3,"score":0.38359999656677246},{"id":"https://openalex.org/C100001284","wikidata":"https://www.wikidata.org/wiki/Q2248246","display_name":"Public economics","level":1,"score":0.3813000023365021},{"id":"https://openalex.org/C113216237","wikidata":"https://www.wikidata.org/wiki/Q1771708","display_name":"Indirect tax","level":3,"score":0.37439998984336853},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.3476000130176544},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.3384999930858612},{"id":"https://openalex.org/C193681711","wikidata":"https://www.wikidata.org/wiki/Q926871","display_name":"Direct tax","level":3,"score":0.33709999918937683},{"id":"https://openalex.org/C2775898560","wikidata":"https://www.wikidata.org/wiki/Q220687","display_name":"Common Agricultural Policy","level":3,"score":0.33329999446868896},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.32679998874664307},{"id":"https://openalex.org/C55214782","wikidata":"https://www.wikidata.org/wiki/Q46257","display_name":"Ad valorem tax","level":3,"score":0.32109999656677246},{"id":"https://openalex.org/C175605778","wikidata":"https://www.wikidata.org/wiki/Q3299701","display_name":"Natural resource economics","level":1,"score":0.30230000615119934},{"id":"https://openalex.org/C2776805697","wikidata":"https://www.wikidata.org/wiki/Q3445707","display_name":"Tax policy","level":3,"score":0.29989999532699585},{"id":"https://openalex.org/C118518473","wikidata":"https://www.wikidata.org/wiki/Q11451","display_name":"Agriculture","level":2,"score":0.29679998755455017},{"id":"https://openalex.org/C2776323388","wikidata":"https://www.wikidata.org/wiki/Q5377222","display_name":"Energy tax","level":3,"score":0.2955000102519989},{"id":"https://openalex.org/C2779755355","wikidata":"https://www.wikidata.org/wiki/Q1128317","display_name":"Tax rate","level":2,"score":0.2953999936580658},{"id":"https://openalex.org/C51303962","wikidata":"https://www.wikidata.org/wiki/Q1242836","display_name":"Double taxation","level":2,"score":0.2888999879360199},{"id":"https://openalex.org/C162077342","wikidata":"https://www.wikidata.org/wiki/Q1062630","display_name":"Tax credit","level":2,"score":0.28850001096725464},{"id":"https://openalex.org/C524878704","wikidata":"https://www.wikidata.org/wiki/Q187021","display_name":"Fiscal policy","level":2,"score":0.2800000011920929},{"id":"https://openalex.org/C2779872728","wikidata":"https://www.wikidata.org/wiki/Q994873","display_name":"Gross value added","level":2,"score":0.26980000734329224},{"id":"https://openalex.org/C165786947","wikidata":"https://www.wikidata.org/wiki/Q179222","display_name":"Income tax","level":2,"score":0.26910001039505005}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.3390/jrfm19090724","doi":"https://doi.org/10.3390/jrfm19090724","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm19090724","pdf_url":null,"source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"},{"id":"doi:10.20944/preprints202608.0392.v1","doi":"https://doi.org/10.20944/preprints202608.0392.v1","is_oa":true,"landing_page_url":"https://doi.org/10.20944/preprints202608.0392.v1","pdf_url":null,"source":{"id":"https://openalex.org/S6309402219","display_name":"Preprints.org","issn_l":null,"issn":null,"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"repository"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"posted-content"}],"best_oa_location":{"id":"doi:10.3390/jrfm19090724","doi":"https://doi.org/10.3390/jrfm19090724","is_oa":true,"landing_page_url":"https://doi.org/10.3390/jrfm19090724","pdf_url":null,"source":{"id":"https://openalex.org/S4210217951","display_name":"Journal of risk and financial management","issn_l":"1911-8066","issn":["1911-8066","1911-8074"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core","poland-20","vabb-shw"],"host_organization":"https://openalex.org/P4310310987","host_organization_name":"Multidisciplinary Digital Publishing Institute","host_organization_lineage":["https://openalex.org/P4310310987"],"host_organization_lineage_names":["Multidisciplinary Digital Publishing Institute"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Risk and Financial Management","raw_type":"journal-article"},"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/12","score":0.833299994468689,"display_name":"Responsible consumption and production"},{"id":"https://metadata.un.org/sdg/13","score":0.4399999976158142,"display_name":"Climate action"}],"study_designs":[],"awards":[{"id":"https://openalex.org/G8724133553","display_name":null,"funder_award_id":"21-25","funder_id":"https://openalex.org/F3160440111","funder_display_name":"Agriculture University Plovdiv"}],"funders":[{"id":"https://openalex.org/F3160440111","display_name":"Agriculture University Plovdiv","ror":"https://ror.org/04e5bwf87"}],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":42,"referenced_works":["https://openalex.org/W1583867618","https://openalex.org/W1732240353","https://openalex.org/W1972695096","https://openalex.org/W2067685269","https://openalex.org/W2090841340","https://openalex.org/W2168574883","https://openalex.org/W2169543656","https://openalex.org/W2342540942","https://openalex.org/W2496408720","https://openalex.org/W2539533219","https://openalex.org/W2565277564","https://openalex.org/W2755987164","https://openalex.org/W2756283300","https://openalex.org/W2765304503","https://openalex.org/W2769019746","https://openalex.org/W2769483102","https://openalex.org/W2783443753","https://openalex.org/W2890923579","https://openalex.org/W2893282879","https://openalex.org/W2894903066","https://openalex.org/W2905488820","https://openalex.org/W3003678006","https://openalex.org/W3036199039","https://openalex.org/W3090027295","https://openalex.org/W3093975245","https://openalex.org/W3124298562","https://openalex.org/W3128873853","https://openalex.org/W3138095483","https://openalex.org/W3163017420","https://openalex.org/W3181352066","https://openalex.org/W3191003887","https://openalex.org/W3210975448","https://openalex.org/W4248482545","https://openalex.org/W4281731326","https://openalex.org/W4307957863","https://openalex.org/W4392024502","https://openalex.org/W4396956648","https://openalex.org/W4403016303","https://openalex.org/W4403104963","https://openalex.org/W4415214436","https://openalex.org/W7147277459","https://openalex.org/W7162658531"],"related_works":["https://openalex.org/W4303986091","https://openalex.org/W3156671952","https://openalex.org/W6930766799","https://openalex.org/W7214215560","https://openalex.org/W7214991406","https://openalex.org/W7112235912","https://openalex.org/W7139980909","https://openalex.org/W7028357228","https://openalex.org/W4404723470","https://openalex.org/W3206565759"],"abstract_inverted_index":{"The":[0,65,115,138,203,251],"European":[1],"Union":[2],"has":[3],"set":[4],"the":[5,9,28,33,45,49,62,72,78,82,86,89,102,108,142,155,173,208,225,254,267,275],"target":[6],"of":[7,11,32,57,71,85,215,278],"doubling":[8],"share":[10,23,195],"secondary":[12],"materials":[13],"in":[14,20,172,224,280],"overall":[15,143],"consumption":[16],"by":[17,38],"2030.":[18],"Nevertheless,":[19],"2024":[21],"this":[22,43],"reached":[24],"only":[25],"12.2%,":[26],"while":[27],"environmental":[29,58,144],"tax":[30,145],"systems":[31],"member":[34,75,249],"states":[35,76],"remain":[36,189],"dominated":[37],"energy":[39],"excise":[40],"duties.":[41],"Against":[42],"background,":[44],"article":[46],"investigates":[47],"whether":[48],"size,":[50],"structure,":[51],"temporal":[52],"profile":[53],"and":[54,130,134,229,261,271],"territorial":[55,272],"distribution":[56],"taxation":[59,258],"matter":[60],"for":[61,196,266],"circular":[63,87,152,174,245,269],"transition.":[64],"study":[66],"uses":[67],"a":[68,180,193,213,263],"balanced":[69],"panel":[70],"27":[73],"EU":[74],"over":[77],"period":[79,90],"2010\u20132024.":[80],"For":[81],"economic":[83],"indicators":[84,100],"sectors,":[88,175],"2005\u20132023":[91],"is":[92,147,158],"used.":[93],"Circular":[94],"outcomes":[95,246],"are":[96,166,221],"measured":[97],"through":[98,274],"five":[99],"from":[101,112],"EU's":[103],"official":[104],"monitoring":[105],"framework,":[106],"with":[107,121,132,151,168,183,212],"database":[109],"constructed":[110],"entirely":[111],"Eurostat":[113],"sources.":[114],"methodology":[116],"combines":[117],"two-way":[118],"fixed-effects":[119],"models":[120,131],"clustered":[122],"standard":[123],"errors,":[124],"lag":[125,214],"specifications,":[126],"two-step":[127],"system":[128],"GMM,":[129],"interactions":[133],"conditional":[135],"marginal":[136],"effects.":[137],"results":[139],"show":[140],"that":[141,207],"burden":[146],"not":[148,241],"systematically":[149],"associated":[150,167],"outcomes.":[153],"When":[154],"aggregate":[156],"indicator":[157],"decomposed,":[159],"however,":[160],"divergent":[161],"effects":[162,210],"emerge.":[163],"Energy":[164],"taxes":[165,178,188],"lower":[169],"private":[170],"investment":[171],"whereas":[176],"pollution":[177,260],"display":[179],"positive":[181],"relationship":[182],"their":[184,197],"value":[185],"added.":[186],"Resource":[187],"too":[190],"limited":[191],"as":[192,231],"fiscal":[194,209,238],"effect":[198],"to":[199,243,256],"be":[200],"reliably":[201],"estimated.":[202],"dynamic":[204],"analysis":[205],"shows":[206],"manifest":[211],"around":[216],"two":[217],"years.":[218],"Furthermore,":[219],"they":[220],"concentrated":[222],"mainly":[223],"weakly":[226],"agricultural":[227,232],"economies":[228],"weaken":[230],"specialisation":[233],"increases.":[234],"Consequently,":[235],"uniform":[236],"green":[237],"instruments":[239],"do":[240],"lead":[242],"identical":[244],"across":[247],"all":[248],"states.":[250],"findings":[252],"support":[253],"need":[255],"reorient":[257],"towards":[259],"resources,":[262],"compensatory":[264],"design":[265],"energy-intensive":[268],"industries,":[270],"differentiation":[273],"targeted":[276],"use":[277],"revenues":[279],"rural":[281],"areas.":[282]},"counts_by_year":[],"updated_date":"2026-11-09T13:22:03.289127","created_date":"2026-09-15T00:00:00"}