Analysis of environmental subsidy and its environmental impact

Efficiency of subsidies which aim at improving of environment quality in Czech Republic we evaluate through the use of regressive analysis and we pursue dependence between environmental protection government expenditures in Euro per capita and % of GDP in years 1996 -- 2008 and total greenhouse gas emissions of selected countries of EU in years 1998 -- 2008. The results show us that expenditures of GDP are better index for efficiency evaluation of subsidies, which confirms the importance of economic performance, though I supposed that expenditures in Euro per capita have more significant part