Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062642 | Economics Letters | 2006 | 5 Pages |
Abstract
Privatization towards profit maximization lowers output and hence encourages a lower tax rate. Because of the reduced tax effect, output is increased when the demand function is highly convex. This gives a paradoxical result that privatization harms the environment.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Hamid Beladi, Chi-Chur Chao,