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https://hdl.handle.net/2142/85615
Description
Title
Essays in the Theory of Public Goods
Author(s)
Smith, Stefani C.
Issue Date
1997
Doctoral Committee Chair(s)
Conley, John P.
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, General
Language
eng
Abstract
Finally, a tax competition model is proposed to study the impact of Pigouvian pollution taxes on the location and output decisions of freely mobile firms. In the model, capital is characterized as either polluting or nonpolluting and then regional planners are permitted to independently select tax rates on the two capital types. By decomposing the resulting tax rates we can infer that, contrary to models in which no distinction is made between revenue generating taxes and pollution correcting taxes, pollution taxes have no impact on the distortion that is known to result from interjurisdictional tax competition.
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