Input versus Emission Taxes: Environmental Taxes in a Mass Balance and Transaction Costs Perspective
The standard policy recommendation to limit pollution is to use taxes or tradeable quotas on emissions. A general emphasis on emissions does not, however, take proper account of the characteristics of the material flow through the economy. An analysis of the relationships between transaction costs and features of this flow shows that it may be less costly to tax inputs into the economy. The paper focuses on the advantages of a mass flow perspective in environmental economics, the trade-off between the precision of an environmental regulation and its implementation costs, and develops criteria for choosing between input and emission-related instruments.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
When requesting a correction, please mention this item's handle: RePEc:uwp:landec:v:74:y:1998:i:4:p:514-525. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.