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What is the Pigouvian tax 2024?

Charlotte Lee | 2023-05-08 00:08:06 | page views:1988
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Julian Clark

Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
A Pigovian tax (also spelled Pigouvian tax) is a tax on any market activity that generates negative externalities (costs not included in the market price). The tax is intended to correct an inefficient market outcome, and does so by being set equal to the social cost of the negative externalities.
2023-05-17 00:08:06

Benjamin Lewis

QuesHub.com delivers expert answers and knowledge to you.
A Pigovian tax (also spelled Pigouvian tax) is a tax on any market activity that generates negative externalities (costs not included in the market price). The tax is intended to correct an inefficient market outcome, and does so by being set equal to the social cost of the negative externalities.
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