Nuclear Power, Externalities and Non-Standard Pigouvian Taxes

Environmental and Resource Economics - Tập 11 Số 2 - Trang 177-195 - 1998
Aronsson, Thomas1, Backlund, Kenneth1, Löfgren, Karl-Gustaf1
1Department of Economics, University of Umeå, Umeå, Sweden

Tóm tắt

The external effects arising from the use of nuclear power are, in a fundamental way, related to uncertainty. In this paper we locate these external effects and derive a dynamic Pigouvian tax in order to make the decentralized economy support the command optimum. Another interesting result is that a small constant energy tax (which we interpret as a second best policy) can take the decentralized economy reasonably close to the command optimum.

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