TITLE:
Effect of Environmental Taxes as Correcting Negative Externalities Caused by Water Pollution Applied to the Agro-Food Industry
AUTHORS:
I. M. Román-Sánchez, Irene Carra
KEYWORDS:
Sanitary Tax; Wastewater; Externalities; Environmental Taxes; Agro-Food Industry
JOURNAL NAME:
Theoretical Economics Letters,
Vol.3 No.3A,
June
18,
2013
ABSTRACT: Market failure involving pollution from
wastewater discharges industrials, is corrected with the establishment of environmental
taxes. Heterogeneity in the design of these taxes, with a different tax base
for each EU member country, affects both the pollution parameters considered
and their weight in the calculation of the tax payable. This paper presents a
study on the variety of this tax in Belgium, Italy and Spain. Finally, we
discuss the possibility of the same as correcting market failure.