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    Please use this identifier to cite or link to this item: http://nccur.lib.nccu.edu.tw/handle/140.119/59172


    Title: Pollution, Factor Ownerships, and Emission Taxes
    Authors: Liu,Chorng-Jian;Mai,Chao-Cheng;Lai,Fu-Chuan;Guo,Wen-Chung
    Contributors: 政大財政系
    Keywords: Emission taxation;Joint ownership;Independent ownership;Pollution
    Date: 2010-06
    Issue Date: 2013-08-26 16:11:26 (UTC+8)
    Abstract: This paper employs Cournot’s (1838) model of complementary goods to analyze the optimal emission taxation under joint and independent ownership with pollution. When the marginal damage is small (large), an emission taxation is unnecessary (necessary), because the quantity (environmental) distortion is more serious than the environmental (quantity) distortion. This finding has never been presented in the literature. In contrast to Cournot (1838), a striking result is that independent ownership may be welfare superior to joint ownership when the marginal damage of externality is large in the absence of governmental intervention.
    Relation: Atlantic Economic Journal, 38(2), 209-216
    Data Type: article
    Appears in Collections:[財政學系] 期刊論文

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