Arbeitspapier
Earmarking of environmental taxes: efficient, after all
The paper analyses the benefits of earmarking the environmental tax revenues in a second-best world with asymmetry of information between government and taxpayers.Taxpayers are assumed to have taste differences over consumption of an environmentally harmful activity.The government, which cannot observe these preferences, pursues Pareto-efficient taxation involving compensation to the potential losers of tax policy.Within this framework, it is shown that earmarking environmental tax revenues on projects that are beneficial to the losers of the environmental policy may alleviate problems concerning asymmetric information and facilitate more efficient environmental policy.
- ISBN
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951-686-569-0
- Sprache
-
Englisch
- Erschienen in
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Series: Bank of Finland Discussion Papers ; No. 4/1998
- Klassifikation
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Wirtschaft
- Thema
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Environmental taxation
earmarked taxes
Pareto-efficient taxation
second-best analysis
- Ereignis
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Geistige Schöpfung
- (wer)
-
Pirttilä, Jukka
- Ereignis
-
Veröffentlichung
- (wer)
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Bank of Finland
- (wo)
-
Helsinki
- (wann)
-
1998
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:44 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Pirttilä, Jukka
- Bank of Finland
Entstanden
- 1998