Hadjiyiannis, Costas; Hatzipanayotou, Panos; Michael, … - 2002
abatement. Public pollution abatement is financed with the use of lump-sum and pollution tax revenue. The introduction of public … pollution abatement enables us to derive the optimal pollution taxes in terms of the marginal cost of public pollution abatement … goods and capital within the region. Pollution reduces welfare and there is simultaneous private and public pollution …