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...

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書目詳細資料
主要作者: Ligthart, Jenny
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 1998.
叢編:IMF Working Papers; Working Paper ; No. 1998/146
在線閱讀:Full text available on IMF