Citation:
Sheshinski E. On the atmosphere externality and corrective taxes. The Journal of Public Economics [Internet]. 2004 :727.
Abstract:
In the presence of an 'Atmosphere Externality' and competitive behavior by households, a uniform commodity tax on the externality-generating good, attains the first best. If income redistribution is desirable, then personalized taxes are required for the second best optimum.
See also: Public Economics