Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/200501 
Year of Publication: 
2019
Citation: 
[Journal:] Journal of Environmental Management and Tourism [ISSN:] 2068-7729 [Volume:] X [Issue:] 3(35) [Publisher:] ASERS [Place:] Craiova [Year:] 2019 [Pages:] 488-490
Publisher: 
ASERS, Craiova
Abstract: 
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.
Subjects: 
pollution
carbon tax
Giffen good
JEL: 
Q2
Q4
Q54
Q58
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version
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