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certain conditions, the optimal pollution tax is positive; otherwise, the tax reverts to a subsidy. Comparing mixed and …
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under a hypothetical ambient subsidy mechanism. I use the two-step difference GMM estimator (Arellano-Bond) to show that, on …, I am able uncover the average abatement cost curve which then allows me to calculate the optimal ambient subsidy rates … for different levels of ambient pollution targets. I then compare the optimal subsidy rates with the estimated cost of …
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sector) a tax is the dominant instrument. For moderate policy targets, a subsidy will be superior (inferior) if the initial …
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Industrial policy has long been criticized as subject to protectionist interests; accordingly, subsidies to domestic producers face disciplines under World Trade Organization agreements, without exceptions for environmental purposes. Now green industrial policy is gaining popularity as...
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this group, 68% of the total endowment is donor limited. The Article discusses that this is a tax law subsidy for dead hand …
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