Premium
Progressive taxation as a policy for water quality management
Author(s) -
Ferrar Terry A.
Publication year - 1973
Publication title -
water resources research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.863
H-Index - 217
eISSN - 1944-7973
pISSN - 0043-1397
DOI - 10.1029/wr009i003p00563
Subject(s) - allocative efficiency , effluent , schedule , work (physics) , water quality , quality (philosophy) , resource (disambiguation) , environmental economics , business , natural resource economics , economics , operations management , environmental science , computer science , engineering , environmental engineering , microeconomics , mechanical engineering , ecology , computer network , philosophy , management , epistemology , biology
The recent literature on water resource management has argued for the allocative efficiency associated with effluent charge environmental controls. In this work we demonstrate that the operational characteristics of such techniques tend to render them impotent as standard maintenance measures. We then define a new effluent taxation structure that alleviates this significant operational weakness by incorporating a progressive taxation schedule that is tied to the water quality standards.