Bovenberg, A.L.Bovenberg; Goulder, L.H.; Jacobson, M.R. - Tilburg University, Center for Economic Research - 2006
This paper explores how the costs of meeting given aggregate targets for pollution emissions change with the imposition … of the requirement that key pollution-related industries be compensated for potential losses of profit from the pollution …," reflecting a lowered efficiency of pollution abatement, and (2) a "lump-sum compensation cost" that captures the efficiency costs …