Environmental levies and distortionary taxation: reply
Article Abstract:
Don Fullerton (1997) supports the results of Bovenberg and de Mooij's (1994) paper that environmental taxes are inclined to be more or less distortionary than other taxes in the presence of distortionary taxes. Fullerton states that the optimal pollution tax depends on the normalization rule utilized which decides whether or not the government should raise taxes for more revenue. The normalization rule specifically used is the most suitable for analyzing the government's environmental tax policy and for examining the flaws of the double-dividend argument.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1997
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Symmetric tax competition with multiple jurisdictions in each metropolitan area
Article Abstract:
A theoretical model for investigating the taxation decisions of sub-metropolitan governments is proposed. The model has three jurisdictional levels, three factors of production and Nash interactions which occur in a different market compared to other models. The model assumes that the residents of each local jurisdiction own the business land in the jurisdiction.
Publication Name: American Economic Review
Subject: Economics
ISSN: 0002-8282
Year: 1996
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