Franckx, Laurent; Kampas, Athanasios - In: Economics Bulletin 17 (2003) 1, pp. 1-7
We consider a special case of Schmutzler's and Goulder''s (1997) analysis of output taxes vs emission taxes as environmental policy instruments. We identify new necessary conditions for the existence of an optimum. We also show that, in this case, it is always optimal to have a mixed tax with...