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) |
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Pages (from-to) | 309-311 |
Number of pages | 3 |
Journal | Journal of Environmental Economics and Management |
Volume | 2 |
Issue number | 4 |
DOIs | |
State | Published - Apr 1976 |
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law