Welfare Measurement in Single and Multimarket Models: Theory and Application
分析了多市场福利测量技术,推导出单一与多市场福利测量的差异取决于关键参数,并应用于瑞典纸浆和造纸业氯排放的环境收费提案。
Abstract In this paper we provide an analysis of tax reforms along the lines of the multimarket welfare measurement techniques suggested by Just, Hueth, and Schmitz. A key purpose of our analysis is to shed light on the approximating features of partial equilibrium models. We derive a result on the difference between single and multimarket welfare measurement, showing how the difference boils down to a set of key parameters. We use our approach to analyze a proposal put forward by the Swedish Commission of Environmental Charges regarding chlorine emissions from the Swedish pulp and paper industry.