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The specificity rule states that Tax rates should vary according to specific characteristics of a product. a government tax is the best remedial measure for
The specificity rule states that
- Tax rates should vary according to specific characteristics of a product.
- a government tax is the best remedial measure for an externality.
- property rights must be changed to correct for an externality.
- it is more efficient to use a policy tool that is closer to the distortion that is caused by an externality.
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The Economics Of The Environment
Authors: Peter Berck, Gloria Helfand
1st Edition
978-0321321664, 0321321669
