Saha, Bibhas - In: Economics Letters 115 (2012) 1, pp. 97-99
This note shows that the argument of Beladi and Chao (2006) [Beladi, H., Chao, C., 2006. Does privatization improve the environment? Economics Letters 93, 343–347] that privatization can harm the environment by inducing lower pollution tax is incorrect. It then modifies the model to restore...