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Tax and Subsidy Combinations for the Control of Car Pollution
Fullerton, Don - 2000
California Air Resources Board that shows the car's engine size, fuel efficiency, and emissions per mile. We calculate the …
Persistent link: https://www.econbiz.de/10012470976
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The Two-Part Instrument in a Second-Best World
Fullerton, Don - 2003
The standard theory that the first-best tax on pollution is equal to marginal environmental damages has been extended …
Persistent link: https://www.econbiz.de/10012468554
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Environmental Levies and Distortionary Taxation : Pigou, Taxation, and Pollution
Metcalf, Gilbert E. - 2000
Bovenberg and de Mooij (1994) showed that, in the presence of preexisting distorting taxes, the optimal pollution tax typically lies below social marginal damages. Many have viewed this result as a refutation of the so-called double dividend hypothesis,' which suggests that a tax on pollution...
Persistent link: https://www.econbiz.de/10012470820
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Green Taxes and Administrative Costs : The Case of Carbon Taxation
Smulders, Sjak - 1999
This paper explores the trade-off between incentive effects and administrative costs associated with the implementation of various environmental tax instruments, with special reference to carbon taxes. In a simple model, we show under what conditions it is optimal to use input rather than...
Persistent link: https://www.econbiz.de/10012471486
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Can Taxes on Cars and on Gasoline Mimic an Unavailable Tax on Emissions?
Fullerton, Don - 1999
instruments. In a simple model with identical consumers, we show conditions under which the same efficiency can be attained by the … efficiency can again be obtained, but only if each person's gasoline tax rate can be made to depend on the characteristics of the …
Persistent link: https://www.econbiz.de/10012471742
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Adverse Selection as a Policy Instrument : Unraveling Climate Change
Cicala, Steve; Hémous, David; Olsen, Morten - National Bureau of Economic Research - 2022
This paper applies principles of adverse selection to overcome obstacles that prevent the implementation of Pigouvian policies to internalize externalities. Focusing on negative externalities from production (such as pollution), we consider settings in which aggregate emissions are known, but...
Persistent link: https://www.econbiz.de/10013334500
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Pigouvian Taxation with Administrative Costs
Polinsky, A. Mitchell - 1981
This paper examines how the optimal Pigouvian tax should be adjusted to reflect administrative costs. Several cases are examined, depending on whether the administrative costs are fixed per firm taxed or are a function of the amount of tax collected, and on whether such costs are borne by the...
Persistent link: https://www.econbiz.de/10012478373
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Dynamic Corrective Taxes with Time-Varying Salience
Gilbert, Ben - 2018
The intermittency of payment for many goods creates a disconnect between paying and consuming such that the marginal price is not always salient when consumption decisions are made. This paper derives optimal dynamic corrective taxes when there are externalities as well as internalities from...
Persistent link: https://www.econbiz.de/10012480667
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The Corrective Tax versus Liability As Solutions to the Problem of Harmful Externalities
Shavell, Steven - 2010
importance in controlling harmful externalities. I compare the tax and liability here in theory and suggest that the conclusions … impractical for the state to incorporate into taxes all of the variables that significantly affect expected harm; efficiency of … incentives under strict liability, which requires only that actual harms be measured; efficiency of incentives to exercise …
Persistent link: https://www.econbiz.de/10012462420
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Excessive Volatility in Capital Flows : A Pigouvian Taxation Approach
Jeanne, Olivier - 2010
This paper analyzes prudential controls on capital flows to emerging markets from the perspective of a Pigouvian tax that addresses externalities associated with the deleveraging cycle. It presents a model in which restricting capital inflows during boom times reduces the potential outflows...
Persistent link: https://www.econbiz.de/10012462724