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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...
Persistent link: https://www.econbiz.de/10010836334
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...
Persistent link: https://www.econbiz.de/10005196470
Persistent link: https://www.econbiz.de/10008543727
Persistent link: https://www.econbiz.de/10011739745
We consider an inspection game between $n$ polluting firms and an environmental enforcement agency. If the cost of monitoring ambient pollution is low enough, the optimal inspection policy consists in imposing the maximal possible fine, and mixing between observing ambient pollution and not...
Persistent link: https://www.econbiz.de/10011597940
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Although the initial allocation of pollution permits is neutral in terms of efficiency, itdoes have a significant impact on distributive equity. In this paper, we examine the twomain categories of permit allocation rules, the distributive and the reductive, for controllingphosphorus pollution in...
Persistent link: https://www.econbiz.de/10009445716
The paper examines the issue of designing and implementing policy measures to control complex agricultural externalities. Complex externalities refer to the situation where a production (firm on firm) externality coexists with a detrimental (firm on society) externality. The paper identifies the...
Persistent link: https://www.econbiz.de/10010928576