A note on effluent charges and market structure

V. Kerry Smith

Research output: Contribution to journalArticle

6 Scopus citations

Abstract

The purpose of this paper is to reexamine the role of market structure for effluent charges. Tax systems based on minimizing the resource input costs of pollution abatement versus those which also consider the value of the output vectors associated with pre- and post-tax allocations are compared. A simple model is developed which shows that efficient resource allocation in the presence of product market distortions and a pollution externality requires two policy instruments.

Original languageEnglish (US)
Pages (from-to)309-311
Number of pages3
JournalJournal of Environmental Economics and Management
Volume2
Issue number4
DOIs
StatePublished - Apr 1976

ASJC Scopus subject areas

  • Economics and Econometrics
  • Management, Monitoring, Policy and Law

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