Environmental Tax Revenue and Expenditures in EU and Serbia - Lessons to be Learnt from Statistics

In: Lex localis: journal of local self-government, Band 18, Heft 3, S. 503-522

Abstract

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.