Markandya, Anil - In: Handbook of environmental economics : volume 3, …, (pp. 1353-1401). 2005
focus on taxation and subsidies. In order to understand the quite complex literature on this subject, we draw on the theory … of the second best and the theory of optimal taxation. The thrust of the chapter is that there are multiple objectives … theory, while Section 6 presents empirical evidence for the European Union. The latter section focuses primarily on …