``The choice between emission taxes and output taxes under imperfect monitoring": a comment

We consider a special case of Schmutzler's and Goulder''s (1997) analysis of output taxes vs emission taxes as environmental policy instruments. We identify new necessary conditions for the existence of an optimum. We also show that, in this case, it is always optimal to have a mixed tax with positive enforcement effort.

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Year of publication:	2003
Authors:	Franckx, Laurent ; Kampas, Athanasios
Published in:	Economics Bulletin. - AccessEcon, ISSN 1545-2921. - Vol. 17.2003, 1, p. 1-7
Publisher:	AccessEcon

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Classification:	Q2 - Renewable Resources and Conservation; Environmental Management ; K2 - Regulation and Business Law
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005196470