Principle of Targeting in Environmental Taxation: Corrigendum

분야: 사회과학 > 경제학
저자: ( Firouz Gahvari )
발행기관: 한국경제학회
간행물정보: The Korean Economic Review 2012년, 제28권 제2호, 261~265페이지(총5페이지)
파일형식: 01705972.pdf [무료 PDF 뷰어 다운로드]
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영문초록

In deriving the elements of □for the CES example in Gahvari (2010), the sign of the income term in the Slutsky equation is as negative rather than positive. Specifically, instead of writing ∂x/∂p = ∂x / ∂p+ x∂x / ∂M the expression is written as ∂x/ ∂p = ∂x / ∂p-x∂x / ∂M (and similarly for ∂x / ∂q and ∂y/ ∂q ). This does not change any of the paper`s results including the point that the example illustrated. Its sole import is wrong algebraic expressions for the optimal tax rates in this example. The entire subsection with corrected expressions is as follows.

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