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...

詳細記述

書誌詳細
第一著者: Ligthart, Jenny
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1998.
シリーズ:IMF Working Papers; Working Paper ; No. 1998/146
オンライン・アクセス:Full text available on IMF