Arbeitspapier

Optimal Tax Policies with Private-Public Clean-Up, Cross-Border Pollution and Capital Mobility

This paper builds a model of a region with two non-identical countries, cross-border pollution and free movements of goods and capital within the region. Pollution reduces welfare and there is simultaneous private and public pollution abatement. Public pollution abatement is financed with the use of lump-sum and pollution tax revenue. The introduction of public pollution abatement enables us to derive the optimal pollution taxes in terms of the marginal cost of public pollution abatement. We derive and compare for each country the Nash and cooperative lump-sum and pollution taxes and examine how cross-border pollution and capital mobility affect them. Finally, we examine the impact of capital mobility on the effectiveness of pollution taxes on net pollution.

Sprache
Englisch

Erschienen in
Series: CESifo Working Paper ; No. 822

Klassifikation
Wirtschaft
Thema
optimal taxes
public pollution abatement
cross-border pollution
capital mobility

Ereignis
Geistige Schöpfung
(wer)
Hadjiyiannis, Costas
Hatzipanayotou, Panos
Michael, Michael S.
Ereignis
Veröffentlichung
(wer)
Center for Economic Studies and ifo Institute (CESifo)
(wo)
Munich
(wann)
2002

Handle
Letzte Aktualisierung
10.03.2025, 11:45 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

  • Hadjiyiannis, Costas
  • Hatzipanayotou, Panos
  • Michael, Michael S.
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2002

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