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ralph lauren polo

Laurent Franckx and Athanasios Kampas
''``The choice between emission taxes and output taxes under imperfect monitoring": a comment''
( 2003, Vol. 17 No.1 )
We consider a special case of Schmutzler's and Goulder''s (1997) analysis of output taxes vs emission taxes as environmental policy instruments. We identify new necessary conditions for the existence of an optimum. We also show that, in this case, it is always optimal to have a mixed tax with positive enforcement effort.
JEL: Q2 - Renewable Resources and Conservation: General
K2 - Regulation and Business Law: General
Manuscript Received : Jun 26 2003 Manuscript Accepted : Sep 01 2003

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