|
|
|
Registros recuperados: 200 | |
|
|
Parry, Ian W.H.; Small, Kenneth A.. |
This paper develops an analytical framework for assessing the second-best optimal level of gasoline taxation taking into account unpriced pollution, congestion, and accident externalities, and interactions with the broader fiscal system. We provide calculations of the optimal taxes for the US and the UK under a wide variety of parameter scenarios, with the gasoline tax substituting for a distorting tax on labor income. Under our central parameter values, the second-best optimal gasoline tax is $1.01/gal for the US and $1.34/gal for the UK. These values are moderately sensitive to alternative parameter assumptions. The congestion externality is the largest component in both nations, and the higher optimal tax for the UK is due mainly to a higher assumed... |
Tipo: Working or Discussion Paper |
Palavras-chave: Gasoline tax; Pollution; Congestion; Accidents; Fiscal interactions; Public Economics; H21; H23; R48. |
Ano: 2004 |
URL: http://purl.umn.edu/10461 |
| |
|
| |
|
| |
|
| |
|
|
O'Sullivan, Dan. |
Using transferable water permits has been identified by economists as a necessary tool to efficiently allocate water to its highest valued use. Australian governments have seized the concept and begun to provide mechanisms that separate rights to water from land ownership and allow flexibility to trade the rights. Water trading is slowly taking shape but has been challenged regarding ownership rights and technical applications. Several key studies and projects are now testing a similar process to be used to develop ownership and incentives for diffuse water pollution. This paper analyses how rights to water quantity and water quality are emerging, the policy tools being used, and current challenges for decision makers. |
Tipo: Conference Paper or Presentation |
Palavras-chave: Water property rights; Pollution; Permit trading; Environmental Economics and Policy; Resource /Energy Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/31960 |
| |
|
| |
|
| |
|
| |
|
|
Newell, Richard G.; Pizer, William A.. |
Using a simple analytical model incorporating benefits of a stock, costs of adjusting the stock, and uncertainty in costs, we uncover several important principles governing the choice of price-based policies (e.g., taxes) relative to quantity-based policies (e.g., tradable permits) for controlling stock externalities. Applied to the problem of greenhouse gases and climate change, we find that a price-based instrument generates several times the expected net benefits of a quantity instrument. As in Weitzman (1974), the relative slopes of the marginal benefits and costs of controlling the externality continue to be critical determinants of the efficiency of prices relative to quantities, with flatter marginal benefits and steeper marginal costs favoring... |
Tipo: Working or Discussion Paper |
Palavras-chave: Stock; Externality; Regulation; Policy; Uncertainty; Price; Quantity; Tax; Tradable permit; Pollution; Climate change; Greenhouse Gas; Instrument choice; Risk and Uncertainty; Q28; D81; C61. |
Ano: 2000 |
URL: http://purl.umn.edu/10471 |
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
| |
|
|
Paragahawewa, Upananda Herath. |
There are at least five general reasons why market-based policies fail to address some of the most basic environmental objectives. This study evaluates the available biophysical and economic data against these criteria and concludes that market-based approaches should be employed cautiously in pollution control under the present system and the available technology for farming in the lake area. The most effective market-based instrument to control pollution, in this case, seems to be negative incentives, as the public net cost of farming is extremely higher than the private net benefits. However, the intensity of taxes that would be effective in this regard would definitely results negative net farm benefits. The principle alternative, emission trading,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Pollution; Market-based policies; Emission trading; Environmental Economics and Policy. |
Ano: 2006 |
URL: http://purl.umn.edu/31975 |
| |
|
| |
|
| |
Registros recuperados: 200 | |
|
|
|