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 language | English (US) |
|---|---|
| Pages (from-to) | 309-311 |
| Number of pages | 3 |
| Journal | Journal of Environmental Economics and Management |
| Volume | 2 |
| Issue number | 4 |
| DOIs | |
| State | Published - 1976 |
| Externally published | Yes |
Fingerprint
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law
Cite this
A note on effluent charges and market structure. / Smith, V. Kerry.
In: Journal of Environmental Economics and Management, Vol. 2, No. 4, 1976, p. 309-311.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - A note on effluent charges and market structure
AU - Smith, V. Kerry
PY - 1976
Y1 - 1976
N2 - 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.
AB - 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.
UR - http://www.scopus.com/inward/record.url?scp=0346633558&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=0346633558&partnerID=8YFLogxK
U2 - 10.1016/S0095-0696(76)80007-1
DO - 10.1016/S0095-0696(76)80007-1
M3 - Article
AN - SCOPUS:0346633558
VL - 2
SP - 309
EP - 311
JO - Journal of Environmental Economics and Management
JF - Journal of Environmental Economics and Management
SN - 0095-0696
IS - 4
ER -