Health effects and optimal environmental taxes

Article Abstract:

Information on environmental taxation in the presence of pre-existing distortionary taxes shows that interactions with these distortions tend to increase the cost of an environmental tax as a result of which, the optimal environmental tax is less than marginal environmental damages. The model represents that, interactions with health effects from pollution are likely to reduce the optimal environmental tax, thus, reinforcing the belief that tax-interactions raise the costs of an environmental tax.

Taxes, Models, Taxation, Influence, Pollution, Health

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A bargaining model of voluntary environmental agreements

Article Abstract:

An explicit model of firm-regulator negotiations is presented describing the distribution pattern of regulatory surplus between firms and regulator. The impact of various parameters on the resulting level of environmental regulation is also analyzed.

Forecasts, trends, outlooks, Analysis, Forecasts and trends, Economic conditions, Market trend/market analysis

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