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Pigouvian Taxes Under Imperfect Competition If Consumption Depends on Emissions

  • Udo Ebert
  • Oskar von dem Hagen

    ()

The paper considers environmental regulation of a consumption good and an externality which influence demand and costs in a nonseparable way. Under monopoly two instruments are always required for first-best. The Pigouvian tax is more complicated than anticipated. Copyright Kluwer Academic Publishers 1998

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File URL: http://hdl.handle.net/10.1023/A:1008215019489
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Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 12 (1998)
Issue (Month): 4 (December)
Pages: 507-513

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Handle: RePEc:kap:enreec:v:12:y:1998:i:4:p:507-513
Contact details of provider: Web page: http://www.springerlink.com/link.asp?id=100263

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  1. Katsoulacos, Yannis & Xepapadeas, Anastasios, 1995. " Environmental Policy under Oligopoly with Endogenous Market Structure," Scandinavian Journal of Economics, Wiley Blackwell, vol. 97(3), pages 411-20, September.
  2. Misiolek, Walter S., 1988. "Pollution control through price incentives: The role of rent seeking costs in monopoly markets," Journal of Environmental Economics and Management, Elsevier, vol. 15(1), pages 1-8, March.
  3. Buchanan, James M, 1969. "External Diseconomies, Corrective Taxes, and Market Structure," American Economic Review, American Economic Association, vol. 59(1), pages 174-77, March.
  4. Sheshinski, Eytan, 1976. "Price, Quality and Quantity Regulation in Monopoly Situations," Economica, London School of Economics and Political Science, vol. 43(17), pages 127-37, May.
  5. Barnett, A H, 1980. "The Pigouvian Tax Rule under Monopoly," American Economic Review, American Economic Association, vol. 70(5), pages 1037-41, December.
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