On efficiency-inducing taxation for a non-renewable resource monopolist

Article Abstract:

An examination of taxation policy relating to nonrenewable resources monopolists revealed that when the state followed the incremental surplus subsidy scheme with an exit tax (ISSET), monopolists chose efficient paths of extraction. ISSET was a nonlinear rule which enabled the state to tax monopolists efficiently despite possessing little information about reserves or costs. Schemes such as the incremental surplus subsidy (ISS) and the ISSET continued to function even if variables, such as the effort made to extract nonrenewable resources, were not observed by the state.

Evaluation, Protection and preservation, Nonrenewable natural resources, Nonrenewable resources

---

How to tax a spatial monopolist

Article Abstract:

A model reflects the activity between a government that maximizes tax revenue and a spatial monopolist that maximizes profit. The model assumes the government utilizes a per-unit output tax and a transport tax, while the monopolist is able to strategically change its location and mode of transport. The model demonstrates that if the government is only allowed to use one tax instrument, it would use a per-unit output tax as this forces the monopolist to use inefficient strategic choices in order to avoid profit losses.

Public Finance Activities, Tax Management, Corporate Tax Administration, Models, Tax accounting, Corporate taxes, Tax administration

---

Truth or consequences: enforcing pollution standards with self-reporting

Article Abstract:

An extension of the standard model of enforcement was formulated which takes into account self-reporting requirement and enforcement power. The model shows that higher compliance rates are attained with lower noncompliance fines. The model also reveals that an equal to zero noncompliance fine tends to lessen the cost of implementing a given level of aggregate pollution. Such findings opposes a traditional claim that higher fines result to higher compliance rates.

Environmental Management, Psychological aspects, Research, Analysis, Economic research, Fines (Penalties), Compliance, Compliance (Psychology)

Similar abstracts:

• Abstracts: On the macroeconomic implication of maintenance in public capital. The spillover effects of state spending
• Abstracts: On efficiency of decentralized environmental regulation. Controlling pollution with relaxed regulations
• Abstracts: Optimal taxation and spending in general competitive growth models. On optimal non-linear taxation and public good provision in an overlapping generations economy
• Abstracts: Sources of inefficiency in subsidized housing programs: a comparison of U.S. and German experience. Theory and estimation in the economics of housing demand
• Abstracts: Long-run trends in labor supply. Controlling inflation with an interest rate instrument. Index numbers and the measurement of real GDP

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.