Pigouvian Taxes Under Imperfect Competition If Consumption Depends on Emissions
Udo Ebert and
Oskar von dem Hagen ()
Environmental & Resource Economics, 1998, vol. 12, issue 4, 507-513
Abstract:
The paper considers environmental regulation of a consumption good and an externality which influence demand and costs in a nonseparable way. Under monopoly two instruments are always required for first-best. The Pigouvian tax is more complicated than anticipated. Copyright Kluwer Academic Publishers 1998
Keywords: environmental regulation; imperfect competition; nonseparable utility; Pigouvian tax (search for similar items in EconPapers)
Date: 1998
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Citations: View citations in EconPapers (14)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:12:y:1998:i:4:p:507-513
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DOI: 10.1023/A:1008215019489
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