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advantage) has recently become a widely discussed topic both in real-world economic policy and in economic theory. The subject … number of unsuitable assumptions which create doubt when questioning how appropriate the use of optimal taxation theory is …
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advantage) has recently become a widely discussed topic both in real-world economic policy and in economic theory. The subject … number of unsuitable assumptions which create doubt when questioning how appropriate the use of optimal taxation theory is …
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The effects of an increase in an emission tax rate are analyzed. The initial tax mix of the economy is such that the higher emission rate serves to internalize social costs an simultaneously approaches a second-best tax system (in the absence of environmental distortions). It is shown that this...
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