In their seminal paper, Bovenberg and de Mooij (1994) elucidate why an ecological tax reform will not yield a double dividend, i.e. fails to increase the efficiency of the tax system. The present paper slightly modifies the Bovenberg and de Mooij model by introducing money illusion. With this...

In the wake of the USA's refusal to ratify the Kyoto agreement on curbing greenhouse gas emissions, this article pledges for a national energy policy beyond Kyoto, based on local external effects stemming from the combustion of fossil fuels. Due to varying external effects a national policy will...

This study analyses the cost-effectivness of different measures to improve local air quality. To determine the effectivness a special index for air pollution is used. The results show a considerable variation of the efficiency of the examined measures. All the efficient measures are very...

Die Replik räumt eine Reihe von Missverständnissen aus. Sie verteidigt das ökonomisches Argumentieren auf der Grundlage der Inzidenzanalyse gegenüber einer ökonomischen Intuition, die sich ausschliesslich auf die Theorie der optimalen Besteuerung stützt. Sie begrüsst den Beitrag von...