Taxes and Tradable Permits As Instruments for Controlling Pollution : Theory and Practice /
This paper examines the relative merits of two dominant economic instruments for reducing pollution-'green' taxes and tradable permits. Theoretically, the two instruments share many similarities, and on balance, neither seems preferable to the other. In practice, however, most countries ha...
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Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2000.
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Series: | IMF Working Papers; Working Paper ;
No. 2000/013 |
Online Access: | Full text available on IMF |