文章基本信息

标题：Earmarking of pollution charges and the sub-optimality of the Pigouvian tax
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作者：Jiang, Tingsong
期刊名称：Journal of Agribusiness
印刷版ISSN：0738-8950
出版年度：2001
期号：suppl
页码：623-640
出版社：Journal of Agribusiness
摘要：One approach to internalising a negative externality of economic activity is to impose a Pigouvian tax equal to the marginal cost of the externality. However, this approach overlooks the possibility that the tax revenue can be earmarked to correct the externality directly, i.e. financing the environmental protection projects. It is found that a pure Pigouvian tax is usually not an optimal policy. This issue is examined in both partial and general equilibrium, static and dynamic settings. Certain conditions for justifying a pure Pigouvian tax or a fully earmarked tax scheme are developed.