The Welfare Impact of Indirect Pigouvian Taxation: Evidence from Transportation
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This paper has benefited from conference discussion by Jim Sallee and conversations with Severin Borenstein, Joseph Doyle, Michael Greenstone, Michael Grubb, Jonathan Hughes, Dave Rapson, Nicholas Sanders, and Catherine Wolfram. It has also benefited from participants at the NBER Energy and Environmental Economics Spring Meeting and seminar participants at Northeastern University, University of Chicago, MIT, and Yale University. We gratefully acknowledge financial support from the University of California Center for Energy & Environmental Economics. The research was also supported by a grant from the Sustainable Transportation Center at the University of California Davis, which receives funding from the U.S. Department of Transportation and Caltrans, the California Department of Transportation, through the University Transportation Centers program. The views expressed in this article are those of the authors and do not necessarily reflect those of the Federal Trade Commission or the National Bureau of Economic Research.