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``The choice between emission taxes and output taxes under imperfect monitoring": a comment

Author

Listed:
  • Laurent Franckx

    () (Royal Military Academy, Belgium)

  • Athanasios Kampas

    () (Agricultural University of Athens)

Abstract

We consider a special case of Schmutzler's and Goulder''s (1997) analysis of output taxes vs emission taxes as environmental policy instruments. We identify new necessary conditions for the existence of an optimum. We also show that, in this case, it is always optimal to have a mixed tax with positive enforcement effort.

Suggested Citation

  • Laurent Franckx & Athanasios Kampas, 2003. "``The choice between emission taxes and output taxes under imperfect monitoring": a comment," Economics Bulletin, AccessEcon, vol. 17(1), pages 1-7.
  • Handle: RePEc:ebl:ecbull:eb-03q20003
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    More about this item

    JEL classification:

    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • K2 - Law and Economics - - Regulation and Business Law

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