Environmental Policy Making in a Second-Best Setting
نویسندگان
چکیده
منابع مشابه
Environmental Policy Making in a Second-best Setting
This paper uses analytically tractable and numerically solved general equilibrium models to examine the significance of pre-existing distortions in factor markets for revenueneutral environmental tax reforms and for various policies involving pollution quotas and permits. Results indicate that pre-existing factor taxes generally raise the costs of these environmental policies. This reflects a t...
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This paper compares the optimal environmental tax to marginal social damages (MSD) in a second-best setting with preexisting taxes using both analytical and numerical models. The optimal environmental tax is found generally to exceed MSD and to rise with increased revenue requirements – a relationship which holds for both productivity externalities and amenity externalities. The simple logic fo...
متن کاملThe relative efficiency of environmental policy instruments in a second-best setting with costly monitoring and enforcement
In this paper we in corporate monitoring and enforcement aspects in the choice of environmental policy instruments in a general equilibrium framework. Goulder et al. (JPE, 1999) look into the choice of policy instruments in the presence of distortionary taxes. We extend this model by no longer assuming full compliance from the firms. A violating firm is caught with a certain probability by the ...
متن کاملThe Cost-Effectiveness of Alternative Instruments for Environmental Protection in a Second-Best Setting
This paper employs analytical and numerical general equilibrium models to examine the costs of achieving pollution reductions under a range of environmental policy instruments in a second-best setting with pre-existing factor taxes. We compare the costs and overall efficiency impacts of emissions taxes, emissions quotas, fuels taxes, performance standards, and mandated technologies, and explore...
متن کاملTax Reform and Environmental Policy: Second Best Analysis Using a French Applied Dynamic General Equilibrium Model
This study draws upon the construction and use of a dynamic applied general equilibrium model, with perfect foresight, designed for clarifying the questions concerning taxation and the environment. The first section gives an overview of the model, focusing on an explicit introduction to the environmental dimension in the behaviour of the agents (the so-called nonseparability assumption). Consum...
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ژورنال
عنوان ژورنال: Journal of Applied Economics
سال: 1998
ISSN: 1514-0326,1667-6726
DOI: 10.1080/15140326.1998.12040525