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Showing 1 to 2 of 2 for “"Equity–Efficiency Tradeoff"”.
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Essays in Environmental Economics
… gains of \$6.6 trillion since 1982. However, an equity-efficiency tradeoff results: the tax burden falls on the poorest landowners. Lastly, if countries with carbon pricing policy apply these prices to deforestation, they would deliver 5\% of emissions reductions achieved under the Pigouvian …
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Essays in Causal and Comparative Econometrics
… policymakers important information about the equity–efficiency trade-off that is not necessarily conveyed by absolute welfare measures. However, I show in this chapter that the usefulness of MVPF for comparative welfare analysis is limited, because it suffers from several empirically important …