Optimal taxation with joint production of agriculture and rural amenities
Georges Casamatta (),
Gordon Rausser and
Leo Simon
Resource and Energy Economics, 2011, vol. 33, issue 3, 544-553
Abstract:
Abstract We show that, when there is joint production of an agricultural good and rural amenities, the first-best allocation of resources can be implemented with a tax on the agricultural good and some subsidies on the production factors (land and labor). The use of a subsidy on the agricultural good can only be explained by the desire of the policymaker to redistribute income from the consumers to the farmers.
Keywords: Multifunctionality; Joint; production (search for similar items in EconPapers)
Date: 2011
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Related works:
Working Paper: Optimal taxation with joint production of agriculture and rural amenities (2008)
Working Paper: Optimal taxation with joint production of agriculture and rural amenities (2008)
Working Paper: Optimal Taxation with Joint Production of Agriculture and Rural Amenities (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:resene:v:33:y:2011:i:3:p:544-553
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