Optimal Fiscal Policy and the Environment /
The paper studies the setting of optimal fiscal policy in a second-best world with environmental externalities. The optimal second-best pollution tax is shown to lie below the first-best Pigovian tax, particularly if substitution between labor and polluting intermediate inputs is easy, the labor sup...
| मुख्य लेखक: | |
|---|---|
| स्वरूप: | पत्रिका |
| भाषा: | English |
| प्रकाशित: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| श्रृंखला: | IMF Working Papers; Working Paper ;
No. 1998/146 |
| ऑनलाइन पहुंच: | Full text available on IMF |