Explain why subsidies for pollution abatement equipment, even if they result in an efficient level of pollution

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Explain why subsidies for pollution abatement equipment, even if they result in an efficient level of pollution abatement, will not result in an efficient resource allocation.

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Economics Of The Public Sector

ISBN: 9780393925227

4th Edition

Authors: Joseph E. Stiglitz, Jay K. Rosengard

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