Bovenberg, A.L.Bovenberg; Goulder, L.H.; Gurney, D.J. - Tilburg University, Center for Economic Research - 2003
Many pollution-related industries wield strong political influence and can e.ectively veto policy initiatives that … permits or by exempting some inframarginal emissions from a pollution tax.However, such policies compel the government to … this constraint diminishes relative to the other e.ciency costs of pollution-control.We also calculate the compensation …
