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Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution

Year 2003, Volume: 1 Issue: 4, 23 - 37, 01.01.2003

M. Balcılar M. Fisunoğlu

Abstract

The effects of pollution upon the environment are causing increased concern in the developed countries. This concern centers on the policies to adopt to control the level of pollution. Some countries are also concerned in reducing the level of pollution. The developing and less developed countries can benefit from the experience of the developed countries in pollution control. The next century will probably experience stringent regulations on environmental pollution as the problem becomes enormous. Societies are becoming more and more aware of the environmental issues. This awareness will reflect itself in a stronger demand for strategic policies to deal with environmental issues

References

  • BAUMOL, W. J., (1972). “On Taxation and Control of Externalities,” American Economic Review, 62, 307-322.
  • BEAVIS, Brian, (1979). “Optimal Pollution in the Presence of Adjustment Costs,” Journal of Environmental Economics and Management, 6, 1-10.
  • EISNER, R. And R. H. Strotz, (1963). “Determinants of Business Investment,” in Impacts of Monetary Policy, Prentice-Hall, Englewood Cliffs, N.J.
  • FORSTER, Bruce A., (1975). “Optimal Pollution Control with a Nonconstant Exponential Rate of Decay,” Journal of Environmental Economics and Management, 2, 1-6.
  • GRUVER, Gene W., (1976). “Optimal Investment in Pollution Control Capital in a Neoclassical Growth Context,” Journal of Environmental Economics and Management, 3, 165-177.
  • HARFORD, Jon D., (1976). “Adjustment Costs and Optimal Waste Treatment,” Journal of Environmental Economics and Management, 3, 215-225.
  • KELLER, Emmet, MICHEAL Spence, and RICHARD Zeckhauser, (1971). “The Optimal Control of Pollution”, Journal of Economic Theory, 4, 19-34.
  • LEE, Dwight R., (1977). “Intertemporal Environmental Management with a Storable Pollutant”, Journal of Environmental Economics and Management, 4, 120-128.
  • TREADWAY, A. B., (1969). “On Rational Entrepreneurial Behavior and the Demand for Investment”, Review of Economic Studies, 36, 227-239.

Year 2003, Volume: 1 Issue: 4, 23 - 37, 01.01.2003

M. Balcılar M. Fisunoğlu

Abstract

References

  • BAUMOL, W. J., (1972). “On Taxation and Control of Externalities,” American Economic Review, 62, 307-322.
  • BEAVIS, Brian, (1979). “Optimal Pollution in the Presence of Adjustment Costs,” Journal of Environmental Economics and Management, 6, 1-10.
  • EISNER, R. And R. H. Strotz, (1963). “Determinants of Business Investment,” in Impacts of Monetary Policy, Prentice-Hall, Englewood Cliffs, N.J.
  • FORSTER, Bruce A., (1975). “Optimal Pollution Control with a Nonconstant Exponential Rate of Decay,” Journal of Environmental Economics and Management, 2, 1-6.
  • GRUVER, Gene W., (1976). “Optimal Investment in Pollution Control Capital in a Neoclassical Growth Context,” Journal of Environmental Economics and Management, 3, 165-177.
  • HARFORD, Jon D., (1976). “Adjustment Costs and Optimal Waste Treatment,” Journal of Environmental Economics and Management, 3, 215-225.
  • KELLER, Emmet, MICHEAL Spence, and RICHARD Zeckhauser, (1971). “The Optimal Control of Pollution”, Journal of Economic Theory, 4, 19-34.
  • LEE, Dwight R., (1977). “Intertemporal Environmental Management with a Storable Pollutant”, Journal of Environmental Economics and Management, 4, 120-128.
  • TREADWAY, A. B., (1969). “On Rational Entrepreneurial Behavior and the Demand for Investment”, Review of Economic Studies, 36, 227-239.
There are 9 citations in total.

Details

Primary Language English
Journal Section Research Article
Authors

M. Balcılar This is me

M. Fisunoğlu This is me

Publication Date January 1, 2003
Published in Issue Year 2003 Volume: 1 Issue: 4

Cite

APA Balcılar, M., & Fisunoğlu, M. (2003). Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution. Manas Journal of Natural Sciences, 1(4), 23-37.
AMA Balcılar M, Fisunoğlu M. Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution. Manas Journal of Natural Sciences. January 2003;1(4):23-37.
Chicago Balcılar, M., and M. Fisunoğlu. “Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution”. Manas Journal of Natural Sciences 1, no. 4 (January 2003): 23-37.
EndNote Balcılar M, Fisunoğlu M (January 1, 2003) Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution. Manas Journal of Natural Sciences 1 4 23–37.
IEEE M. Balcılar and M. Fisunoğlu, “Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution”, Manas Journal of Natural Sciences, vol. 1, no. 4, pp. 23–37, 2003.
ISNAD Balcılar, M. - Fisunoğlu, M. “Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution”. Manas Journal of Natural Sciences 1/4 (January 2003), 23-37.
JAMA Balcılar M, Fisunoğlu M. Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution. Manas Journal of Natural Sciences. 2003;1:23–37.
MLA Balcılar, M. and M. Fisunoğlu. “Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution”. Manas Journal of Natural Sciences, vol. 1, no. 4, 2003, pp. 23-37.
Vancouver Balcılar M, Fisunoğlu M. Adjustment Costs and Optimal Taxes in a Dynamic Model of Pollution. Manas Journal of Natural Sciences. 2003;1(4):23-37.