Oxford Review of Economic Policy articles

Recent articles from Oxford Review of Economic Policy

ENVIRONMENTAL AND PUBLIC FINANCE ASPECTS OF THE TAXATION OF ENERGY.
December 22, 1998... This paper reviews potential applications of environmental taxes in the energy sector. Theoretical and practical arguments for using environmental taxes are reviewed, and possible arrangements outlined for levying environmental taxes on energy. In contrast to most environmental taxes, taxes...

MAKING THINGS STICK: ENFORCEMENT AND COMPLIANCE.
December 22, 1998... Environmental rules and regulations are only useful insofar as firms can be persuaded to comply with them--in full or in part. We survey the rapidly growing literature on the enforcement aspects of environmental policy. The difficulties facing any regulatory agency are likely to be...

WATER POLLUTION AND ABSTRACTION AND ECONOMIC INSTRUMENTS.
December 22, 1998... The paper assesses the potential role for economic instruments in the regulation of water pollution and abstraction in the light of the UK government's discussion documents. Economic instruments offer the potential for greater cost efficiency in achieving environmental targets than existing...

POLITICAL ECONOMY OF THE KYOTO PROTOCOL.
December 22, 1998... The Kyoto Protocol, negotiated in December 1997, is the first international treaty to limit emissions of greenhouse gases. But Kyoto does not mark the conclusion to international cooperation on climate change. It is really just a beginning. This paper shows that, in the aggregate, the...

THE ASSESSMENT: ENVIRONMENTAL POLICY--OBJECTIVES, INSTRUMENTS, AND INSTITUTIONS.
December 22, 1998... The article provides a critique of British environmental policy, focusing in particular on the role of sustainable development as an organizing principle, the use of cost-benefit analysis (CBA) and economic instruments, and the design of the institutions responsible for implementing policy....