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文章基本信息

  • 标题:Externality-correcting taxes and regulation
  • 本地全文:下载
  • 作者:Vidar Christiansen ; Stephen Smith
  • 期刊名称:IFS Working Papers / Institute for Fiscal Studies London
  • 电子版ISSN:1742-0415
  • 出版年度:2009
  • 卷号:1
  • 出版社:Institute for Fiscal Studies London
  • 摘要:

    Much of the literature on externalities has considered taxes and direct regulation as alternative policy instruments. Both instruments may in practice be imperfect, reflecting informational deficiencies and other limitations. We analyse the use of taxes and regulation in combination, to control externalities arising from individual consumption behaviour. We consider cases where taxes are either imperfectly differentiated to reflect individual differences in externalities, or where some consumption escapes taxation. In both cases we characterise the optimal instrument mix, and show how changing the level of direct regulation alters the optimal externality tax.

  • 关键词:externalities, Pigouvian taxes, regulations
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