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The Public Economics of the Environment

Author

Listed:
  • Sandmo, Agnar

    (Norwegian School of Economics and Business Administration)

Abstract

Environmental policy is high on the political agenda in many countries. Considering the various dimensions of environmental quality as public goods, Sandmo identifies the failures of the market mechanism in the face of environmental problems and shows how economic policy should be designed to overcome them. Specific topics covered include the assessment of environmental benefits and costs, the choice between taxes and quotas as policy tools, the principles of environmental taxation in a second-best world, the various notions of the double dividend from environmental tax reform, and international aspects of environmental policy as well as its political economy ramifications. The treatment is mainly theoretical, but the emphasis throughout is on showing how theory can be relevant to the rational design of economic policy.

Suggested Citation

  • Sandmo, Agnar, 2000. "The Public Economics of the Environment," OUP Catalogue, Oxford University Press, number 9780198297987.
  • Handle: RePEc:oxp:obooks:9780198297987
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    Citations

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    Cited by:

    1. Knud Munk, "undated". "Assessment of the Introduction of Road Pricing Using a Computable General Equilibrium Model," Regional and Urban Modeling 283600065, EcoMod.
    2. Maria Sandsmark & Haakon Vennemo, 2007. "A portfolio approach to climate investments: CAPM and endogenous risk," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 37(4), pages 681-695, August.
    3. Takumi HAIBARA & Hiroshi OHTA, 2011. "A New Proposal of Ecological Tax Reform," GSICS Working Paper Series 24, Graduate School of International Cooperation Studies, Kobe University.
    4. Stef Proost, 2011. "Theory of External Costs," Chapters,in: A Handbook of Transport Economics, chapter 14 Edward Elgar Publishing.
    5. Sandmo, Agnar, 2003. "Environmental Taxation and Revenue for Development," WIDER Working Paper Series 086, World Institute for Development Economic Research (UNU-WIDER).
    6. Ebert, Udo & Welsch, Heinz, 2011. "Optimal environmental taxes and standards: Implications of the materials balance," Ecological Economics, Elsevier, vol. 70(12), pages 2454-2460.
    7. repec:dug:journl:y:2017:i:2:p:7-20 is not listed on IDEAS
    8. Navajas, Fernando H. & Panadeiros, Monica & Natale, Oscar, 2011. "Environmentally Related Energy Taxes in Argentina, Bolivia and Uruguay," MPRA Paper 37829, University Library of Munich, Germany.
    9. Agnar Sandmo, 2010. "Environmental Taxation and Revenue for Development," Working Papers id:3200, eSocialSciences.
    10. Silvia Micheli, 2013. "The Impact of Subsidies on the Development of Wind Power," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 41(4), pages 453-454, December.
    11. Sandmo, Agnar, 2011. "Atmospheric externalities and environmental taxation," Energy Economics, Elsevier, vol. 33(S1), pages 4-12.
    12. Tohru Naito & Hikaru Ogawa, 2009. "Direct versus indirect environmental regulation in a partially privatized mixed duopoly," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 10(2), pages 87-100, June.
    13. Borger, Bruno De, 2011. "Optimal congestion taxes in a time allocation model," Transportation Research Part B: Methodological, Elsevier, vol. 45(1), pages 79-95, January.
    14. Harstad, Bård & Eskeland, Gunnar S., 2010. "Trading for the future: Signaling in permit markets," Journal of Public Economics, Elsevier, vol. 94(9-10), pages 749-760, October.
    15. Bao, Yue & Gao, Ziyou & Yang, Hai & Xu, Meng & Wang, Guangmin, 2017. "Private financing and mobility management of road network with tradable credits," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 158-176.
    16. Macho-Stadler, Ines & Perez-Castrillo, David, 2006. "Optimal enforcement policy and firms' emissions and compliance with environmental taxes," Journal of Environmental Economics and Management, Elsevier, vol. 51(1), pages 110-131, January.
    17. De Borger, Bruno, 2009. "Commuting, congestion tolls and the structure of the labour market: Optimal congestion pricing in a wage bargaining model," Regional Science and Urban Economics, Elsevier, vol. 39(4), pages 434-448, July.
    18. Agnar Sandmo, 2001. "Bridging the Tax-Expenditure Gap: Green Taxes and the Marginal Cost of Funds," CESifo Working Paper Series 579, CESifo Group Munich.
    19. Moons, Ellen & Rousseau, Sandra, 2007. "Policy options for afforestation in Flanders," Ecological Economics, Elsevier, vol. 64(1), pages 194-203, October.
    20. Udo Ebert, 2007. "Redistributional Preference in Environmental Policy," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 63(4), pages 548-562, December.
    21. Agnar Sandmo, 2002. "Efficient Environmental Policy with Imperfect Compliance," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 23(1), pages 85-103, September.
    22. Jacobs, Bas & de Mooij, Ruud A., 2015. "Pigou meets Mirrlees: On the irrelevance of tax distortions for the second-best Pigouvian tax," Journal of Environmental Economics and Management, Elsevier, vol. 71(C), pages 90-108.
    23. Lars Hansen & Frank Jensen & Linda Nøstbakken, 2014. "Quota Enforcement in Resource Industries: Self-Reporting and Differentiated Inspections," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 58(4), pages 539-562, August.

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