This book explores the welfare effects of environmental taxes in a second-best framework. It starts from a benchmark model which reveals that environmental taxes typically exacerbate pre-existing tax distortions, and extends it by introducing capital, terms of trade effects, transfers, involuntary unemployment, or environmental feedbacks.
- Limba : Engleza
- Data Publicarii : 19 Jul 2000
- Format : Hardback
- Numar pagini : 312
- ISBN : 9780444504913