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|dc.description.abstract||Many states in the US impose taxes on hazardous waste. Thispaper conducts an empirical evaluation of the determinants of these taxesand reviews earlier research on their effects on hazardous waste. Earlierstudies have shown that the taxes affect waste management, but myresults and other evidence suggest that the tax-induced changes may nothave improved welfare.Taxes on industrial hazardous waste are one of the most extensiveuses of pollution taxes in the United States. The federal government andmany states governments have implemented such taxes. The diversity ofhazardous waste taxes makes them an interesting example of pollutiontaxes because we can compare the responses of polluters to different taxregimes.In this paper, I discuss the existing state and federal hazardouswaste taxes and issues in their design and implementation. The paperthen presents an empirical analysis of the tax rates adopted by states. Inparticular, the question is: do these taxes reflect the environmental costsof waste as opposed to other government objectives? Although an earlierstudy (Levinson, 2003) examines determinants of tax rates, the analysishere expands the hypothesized sources of variation and emphasizes therole of external costs. The results provide some evidence that taxes varywith environmental costs – making it possible that they improve welfare – but also point to non-environmental determinants and muchunexplained variation.I then review the literature on the empirical effects of these taxes on pollution and economic behavior. Studies have found only small effectsof the state taxes, but these effects indicate that waste generators andmanagers do respond to the incentives created by taxes. The followingsection evaluates the advantages and disadvantages of existing taxes onhazardous waste and proposes some alternatives. A final section brieflyconcludes with an assessment of the U.S. experience with these taxes.||en_US|
|dc.relation.ispartofseries|||aWorking papers / Rutgers University, Department of Economics |x2003,06||en_US|
|dc.title||Taxing hazardous waste : the US experience||en_US|
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