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| Author: | Aronsson, T. Backlund, K. Löfgren, K.-G. |
| Title: | Nuclear power, externalities and non-standard pigouvian taxes |
| Journal: | Environmental and Resource Economics
1998 : MAR, VOL. 11:2, p. 177-195 |
| Index terms: | UNCERTAINTY NUCLEAR POWER INDUSTRY EXTERNALITIES TAXATION |
| Language: | eng |
| Abstract: | The external effects arising from using of nuclear power are, in a fundamental way, related to uncertainty. In the paper, these external effects are located and a dynamic Pigouvian tax is derived to make the decentralized economy support the command optimum. Another interesting result is that a small constant energy tax (interpreted here as a second best policy) can take the decentralized economy reasonably close to the command optimum. |
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