The ultimate externality.
A discussion of childbearing choices and externalities in a two-generation model of a competitive economy with a pollution externality created by the aggregate consumption of one of two goods. The mixture of a narrow intergenerational concern and a public bad externality gives rise to the result tha...
| Publicado en: | American Economic Review Vol. 88; no. 1; pp. 260 - 266 |
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| Formato: | Artículo |
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American Economic Association
March 1998
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=512624409&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 512624409 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00028282 AER jtl: American Economic Review issn: 00028282 maglogo: N pubinfo: dt: March 1998 vid: 88 iid: 1 pid: 22 pub: American Economic Association artinfo: ui: 512624409 ppf: 260 ppct: 6 formats: tig: atl: The ultimate externality. aug: au: Harford, Jon D. su: Externalities Mathematical models Intergenerational relations Pollution taxes Resource allocation -- Mathematical models sug: subj: Externalities Mathematical models Intergenerational relations Pollution taxes Resource allocation -- Mathematical models ab: A discussion of childbearing choices and externalities in a two-generation model of a competitive economy with a pollution externality created by the aggregate consumption of one of two goods. The mixture of a narrow intergenerational concern and a public bad externality gives rise to the result that Pareto efficiency requires not just Pigovian pollution taxes but also a tax per child. The size of this tax approximately equals the present value of the pollution taxes that each descendant will pay. In this instance, as the parent chose to have the child, she should be charged for the externality created by her child. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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