On the Regulatory Choice of Refunding Rules to Reconcile the ‘Polluter Pays Principle’ and Pigovian Taxation: An Application
2005 ◽
Vol 23
(1)
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pp. 141-152
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Keyword(s):
Lump Sum
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The ‘polluter pays principle’ (PPP) is one of the four principles that govern the European Union's environmental policy. Although PPP justifies Pigovian taxation as a legitimate policy means to internalise externalities, there is a potential contradiction between PPP and Pigovian taxation depending upon the definition of pollution control costs. We summarise this debate and focus on the lump-sum refunding of tax revenues in order to reconcile the PPP and Pigovian taxation. We propose equity as the guiding principle to select among various refunding schemes, and empirically examine a specific application.
2007 ◽
pp. 199-226
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Keyword(s):
2000 ◽
Vol 24
(1)
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pp. 9-12
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Keyword(s):
1969 ◽
Vol 265
(1161)
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pp. 269-272
Keyword(s):
2003 ◽
Vol 2
(2)
◽
pp. 105-118
2013 ◽
Vol 18
(6)
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pp. 680-700
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