Abstract
Ambient-based tax-subsidy schemes have drawn considerable interest in nonpoint pollution literature as alternatives to emissions-based instruments. Expanding especially on Segerson's [J. Environ. Econom. Management 15, 88-98 (1988)] seminal article, this article examines the optimal design and budget-balancing properties of ambient tax-subsidy schemes under more realistic assumptions about the dimensions of firms' choice sets than prior research.
Original language | English (US) |
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Pages (from-to) | 186-199 |
Number of pages | 14 |
Journal | Journal of Environmental Economics and Management |
Volume | 36 |
Issue number | 2 |
DOIs | |
State | Published - Jan 1 1998 |
All Science Journal Classification (ASJC) codes
- Economics and Econometrics
- Management, Monitoring, Policy and Law