Is Pollution a Giffen Good? General-Equilibrium Analysis and Some Policy Implications
2019 ◽
Vol 10
(3)
◽
pp. 488
Keyword(s):
This paper takes a simple model with pollution and environmental quality and derives some novel results. In particular, pollution is shown to be a Giffen good. This is a very important finding with clear policy implications, namely that carbon taxes (and pollution permits) are counter-productive, as they lead to increase in pollution, and instead governments should administratively set emission caps.
2001 ◽
pp. 263-274
Keyword(s):
1985 ◽
Vol 6
(1)
◽
pp. 41-49
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1997 ◽
Vol 32
(2)
◽
pp. 189-203
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Keyword(s):
1998 ◽
Vol 10
(2)
◽
pp. 135-159
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Keyword(s):
1995 ◽
Vol 29
(3)
◽
pp. 271-297
◽
Keyword(s):
2018 ◽
pp. 283-304