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