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Pollution control in a simplified general-equilibrium model with production externalities

Journal Article · · J. Environ. Econ. Manage.; (United States)
Pollution externalities of the producer--producer type are considered in a positive two-sector model with stationary capital and labor. By assumption, output from the polluting sector can be diverted to pollution abatement. Environmental authorities attempt to control the level of pollution to some minimum ''acceptable'' standard by requiring polluters to depollute through the mechanism of a uniform tax on production. Following discussion of short-run considerations, the stability of the tax-adjustment scheme is examined, and the dynamic nature of growth paths in the economy is explored. 4 figures, 11 references.
Research Organization:
Univ. of Kansas, Lawrence
OSTI ID:
5286543
Journal Information:
J. Environ. Econ. Manage.; (United States), Journal Name: J. Environ. Econ. Manage.; (United States) Journal Issue: 4 Vol. 4:4; ISSN JEEMD
Country of Publication:
United States
Language:
English