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On the Flexibility of Optimal Policies for Green Design

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  • Chongwoo Choe

    ()

  • Iain Fraser

Abstract

Several recent papers show that different combinations of taxes and subsidies can achieve the social optimum for green design and household waste management when there are various market failures. This note shows that such policy flexibility exists only if all relevant actions by individual agents can be properly targeted by economic instruments. If the household can make a private effort to reduce waste, then an optimal policy is shown to be a unique combination of given economic instruments. Copyright Kluwer Academic Publishers 2001

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File URL: http://hdl.handle.net/10.1023/A:1011170816440
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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 18 (2001)
Issue (Month): 4 (April)
Pages: 367-371

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Handle: RePEc:kap:enreec:v:18:y:2001:i:4:p:367-371

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: green design; household waste; optimal policy;

References

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  1. Don Fullerton & Wenbo Wu, 1996. "Policies for Green Design," NBER Working Papers 5594, National Bureau of Economic Research, Inc.
  2. Cremer, Helmuth & Gahvari, Firouz & Ladoux, Norbert, 1998. "Externalities and optimal taxation," Journal of Public Economics, Elsevier, vol. 70(3), pages 343-364, December.
  3. Chongwoo Choe & Iain Fraser, 1997. "An Economic Analysis of Household Waste Management," Working Papers 1997.11, School of Economics, La Trobe University.
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Citations

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Cited by:
  1. Rob F.T. Aalbers & Herman R.J. Vollebergh, 2005. "An Economic Analysis of Mixing Wastes," Tinbergen Institute Discussion Papers 05-094/3, Tinbergen Institute.
  2. Francisco J. André & Emilio Cerdá, 2005. "Gestión de residuos sólidos urbanos: Análisis económico y políticas públicas," Economic Working Papers at Centro de Estudios Andaluces E2005/23, Centro de Estudios Andaluces.
  3. Rob Aalbers & Herman Vollebergh, 2008. "An economic analysis of mixing wastes," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 39(3), pages 311-330, March.
  4. Chen, Yenming & Sheu, Jiuh-Biing, 2007. "Environmental-Regulation Pricing Strategies for Green Supply Chain Management," MPRA Paper 25255, University Library of Munich, Germany.
  5. Dikgang, Johane & Visser, Martine, 2010. "Behavioral Response to Plastic Bag Legislation in Botswana," Discussion Papers dp-10-13-efd, Resources For the Future.
  6. Frank Convery & Simon McDonnell & Susana Ferreira, 2007. "The most popular tax in Europe? Lessons from the Irish plastic bags levy," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 38(1), pages 1-11, September.
  7. Calcott, Paul & Walls, Margaret, 2005. "Waste, recycling, and "Design for Environment": Roles for markets and policy instruments," Resource and Energy Economics, Elsevier, vol. 27(4), pages 287-305, November.
  8. Wagner, Jeffrey, 2011. "Incentivizing sustainable waste management," Ecological Economics, Elsevier, vol. 70(4), pages 585-594, February.

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