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| Titel: |
ON SHIBATA'S NEGATION OF LUMP-SUM TRANSFERS IN GLOBAL WARMING CONTROL: REJOINDER |
| Auteur: |
Shibata, Hirofumi |
| Verschenen in: |
International economic journal |
| Paginering: | Jaargang 17 (2003) nr. 1 pagina's 43-55 |
| Jaar: |
2003 |
| Inhoud: |
Kohn's criticism of my negation of the role of lump-sum transfers financed by a global emission tax is based on two unacceptable premises. (1) He assumes a world consisting of cooperative nations. But if nations were cooperative no corrective tax is needed as they could internalize external diseconomies without a super national governmental intervention. A global tax analysis must assume non-cooperative nations as I did. (2) He treats lump-sum transfers as negotiable payments for compliance by the country unfavorable affected by the tax. But the standard interpretation of the lump-sum transfers is payments that do not influence private economic decisions. In my analysis lump-sum transfers have their usual interpretation. This rejoinder also reinforces my original claim with a formal proof that every nation's post-tax welfare is independent of lump-sum transfers and of their aggregate resources. [F02, H23, Q23, Q25] |
| Uitgever: |
Routledge |
| Bronbestand: |
Elektronische Wetenschappelijke Tijdschriften |
Details van artikel 6 van 8 gevonden artikelen
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