Sons, Daughters, and Labor Supply in Early Twentieth-Century Hawaii

Timothy Halliday () and Sumner La Croix
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Timothy Halliday: Department of Economics, University of Hawaii at Manoa

No 201318, Working Papers from University of Hawaii at Manoa, Department of Economics

Abstract: We examine the welfare consequence of emissions tax with and without a Border Tax Adjustment for an imperfectly competitive industry, where intra-industry trade arises between countries. BTA allows a government to impose a pollution-content tariff on imports and refund an emission tax for export sales. We analyze the structure of an optimal emission tax with BTA when a government chooses its emission tax rate to maximize its national welfare. We show that the optimal emission tax policy with BTA achieves greater national welfare and higher environmental quality than the optimal policy without BTA.

Keywords: trade and environment; border tax adjustment; intra-industry trade (search for similar items in EconPapers)
JEL-codes: F12 F18 Q56 (search for similar items in EconPapers)
Pages: 49 pages
Date: 2013-09
New Economics Papers: this item is included in nep-acc, nep-ene, nep-env, nep-law, nep-pbe, nep-reg and nep-res
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