IDEAS home Printed from https://ideas.repec.org/a/mve/journl/v33y2007i2p83-94.html
   My bibliography  Save this article

A Damage Based Tax Mechanism for Regulation of Hazardous Waste

Author

Listed:
  • Thomas R. Sadler

    (Western Illinois University)

Abstract

The Pigouvian prescription for pollution damage requires a per-unit tax equal to the monetary value of marginal external cost (MEC). However, in this tradition, few economists have proposed a damage-based mechanism to regulate hazardous waste. Using damage scores from the Waste Minimization Chemical List of the United States Environmental Protection Agency (EPA), this paper develops such an approach. Marginal tax rates correspond to environmental damage. Efficiency increases in the presence of reliable EPA damage scores, linear marginal damage, and accurate monetary values assigned to MEC.

Suggested Citation

  • Thomas R. Sadler, 2007. "A Damage Based Tax Mechanism for Regulation of Hazardous Waste," Journal of Economic Insight, Missouri Valley Economic Association, vol. 33(2), pages 83-94.
    • Handle: RePEc:mve:journl:v:33:y:2007:i:2:p:83-94
    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.

    More about this item

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies

    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:mve:journl:v:33:y:2007:i:2:p:83-94. 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: Ken Brown (email available below). General contact details of provider: https://edirc.repec.org/data/mveaaea.html .

    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.