haku: @indexterm environmental economics / yhteensä: 508
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| Tekijä: | Schmutzler, A. Goulder, L. |
| Otsikko: | The choice between emission taxes and output taxes under imperfect monitoring |
| Lehti: | Journal of Environmental Economics and Management
1997 : JAN, VOL. 32:1, p. 51-64 |
| Asiasana: | ENVIRONMENTAL ECONOMICS MANAGEMENT TAXATION |
| Kieli: | eng |
| Tiivistelmä: | The authors consider a regulator's choice between environmentally motivated emissions taxes and output taxes. They investigate how the optimal instrument depends on the monitoring cost functions , the firm's technology, and on social preferences regarding output and environmental quality. Pure emissions taxes are usually not optimal with monitoring costs. Pure output taxes are optimal under sufficiently high monitoring costs, sufficiently limited options for emission reduction by means other than output reduction. |
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