Arbeitspapier

Non-Verifiable Emissions, Voluntary Agreements, and Emission Taxes

This paper demonstrates that voluntary agreements between a regulator and an industry can be Pareto superior to environmental taxes. Further, such agreements may differ from direct regulation in a non-trivial way. The first-best optimum may be included in the set of possible agreements, even if it is not attainable using tax instruments. There is no uncertainty or asymmetric information in the model. However, it is assumed that some emissions are observable, but not verifiable. This may be interpreted as a situation where precise formal specification of the pollutant is infeasible.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 214

Klassifikation
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
Industrial Policy; Sectoral Planning Methods
Renewable Resources and Conservation: Government Policy
Thema
Voluntary agreements
Second-best tax
Non-verifiability

Ereignis
Geistige Schöpfung
(wer)
Nyborg, Karine
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
1998

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Nyborg, Karine
  • Statistics Norway, Research Department

Entstanden

  • 1998

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