IDEAS home Printed from https://ideas.repec.org/a/pfi/pubfin/v44y1989i2p268-84.html
   My bibliography  Save this article

Taxes, Subsidies, Standards, and Social Choices

Author

Listed:
  • Mestelman, Stuart

Abstract

A general equilibrium model of an economy characterized by a production externality is presented. Preferences of individuals in the economy for the use of taxes, subsidies, and output quotas as competing instruments for internalizing the externality are compared in the presence of alternative endowments of resources across agents in the economy and a distribution mechanism permitting different tax or transfer progressivity. The tax, subsidy, and standard are demonstrated, at different times, to emerge as the socially preferred instrument under majority-rule voting. The implementation of inefficient policy instruments is not necessarily the result of effective minority interest-group pressure.

Suggested Citation

  • Mestelman, Stuart, 1989. "Taxes, Subsidies, Standards, and Social Choices," Public Finance = Finances publiques, , vol. 44(2), pages 268-284.
  • Handle: RePEc:pfi:pubfin:v:44:y:1989:i:2:p:268-84
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Abrego, Lisandro & Perroni, Carlo, 1999. "Free-riding, carbon treaties, and trade wars: the role of domestic environmental policies," Journal of Development Economics, Elsevier, vol. 58(2), pages 463-483, April.
    2. Fredriksson, Per G., 1998. "Environmental policy choice: Pollution abatement subsidies," Resource and Energy Economics, Elsevier, vol. 20(1), pages 51-63, March.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pfi:pubfin:v:44:y:1989:i:2:p:268-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Christopher F. Baum (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.