Environmental Taxes

Practice

Authored by: Jing Cao

The Routledge Handbook of Environmental Economics in Asia

Print publication date:  March  2015
Online publication date:  February  2015

Print ISBN: 9780415656450
eBook ISBN: 9781315746289
Adobe ISBN: 9781317597872

10.4324/9781315746289.ch6

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Abstract

Due to rapid economic development and population growth, many Asian countries are experiencing deteriorating environmental pollution and natural resource depletion. Environmental taxes, applied more extensively in the European Union, are still relatively new in many Asian countries. Although economists often prefer market-based instruments like environmental taxes to correct externalities or distorted prices to achieve cost-effective goals, in practice command-and-control measures are still dominantly adopted, especially in Asian countries. In recent years, however, environmental taxation policies are playing increasing roles in environmental policy-making in Asian countries.

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