search query: @author Goulder, L. / total: 5
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| Author: | Goulder, L. |
| Title: | The cost effectiveness of alternative instruments for environmental protection in a second-best setting |
| Journal: | Journal of Public Economics
1999 : JUN, VOL. 72:3, p. 329-360 |
| Index terms: | COST EFFECTIVENESS ENVIRONMENTAL PROTECTION ECONOMICS |
| Language: | eng |
| Abstract: | This paper employs analytical and numerical general equilibrium models to examine the significance of pre-existing factor taxes for the costs of pollution reduction under a wide range of environmental policy instruments. Pre-existing taxes imply significantly higher abatement costs by every instrument considered, but the cost-impact of such taxes differs sharply across instruments. Prior taxes can eliminate the cost-advantage of market-based instruments. |
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