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The Welfare Impact of Indirect Pigouvian Taxation: Evidence from Transportation

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NBER2013-02-01 更新2025-01-04 收录
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A basic tenet of economics posits that when consumers or firms don't face the true social cost of their actions, market outcomes are inefficient. In the case of negative externalities, Pigouvian taxes are one way to correct this market failure, where the optimal tax leads agents to internalize the

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2013-02-01
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