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pollution usually bears a lower burden of the tax than the other input, although we find conditions under which this is not true … intensive, but capital is likely to be a better substitute for pollution than is labor. Copyright Springer Japan 2007 …
Persistent link: https://www.econbiz.de/10010994487
Empirical evidence suggests that increased democracy reduces pollution. Using a median-voter model (where a … income differs from the effect of a change in the economy-wide productivity in the determination of pollution. We find that a … democratization reform that brings poorer groups into the franchise leads to lower pollution only if the elasticity of the marginal …
Persistent link: https://www.econbiz.de/10010994538
It is demonstrated that the effectiveness of the pricing and standards approach (PSA) to emission control is seriously impaired by imperfect tax compliance of regulated firms, contrary to literature reports. If there exists a firm that attempts to commit 100% tax evasion, PSA fails to minimize...
Persistent link: https://www.econbiz.de/10010949633
under a constraint of pollution control. We showed that when there is an asymmetrical information problem regarding firms …’ pollution control efforts, both enforcement tools are generally needed. Taking as a benchmark a situation where firms … voluntarily engage in pollution control activities, we found that when the profit level is high, the suspension order is more …
Persistent link: https://www.econbiz.de/10010949634
Persistent link: https://www.econbiz.de/10009324952