Abstract
The paper presents a model of the relationship between timber taxation and externalities. Optimal pigouvian taxation formulas are derived within this framework for common taxes. A simulation model of Douglas fir is used to estimate the size and direction of these effects. The results show that taxation policy can have a marked impact on the production of externalities, depending on tree species and land productivity.
Original language | English (US) |
---|---|
Pages (from-to) | 263-275 |
Number of pages | 13 |
Journal | Journal of Environmental Economics and Management |
Volume | 18 |
Issue number | 3 |
DOIs | |
State | Published - May 1990 |
Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law