Abstract
The book, Pollution and the Firm, by Robert E. Kohn, provides a detailed and nearly definitive look at the application of Pigouvian taxation applied to competitive polluting firms in a static, general equilibrium framework. The reader is offered the most thorough examination of how the firm's long-run scale of output is related to the activities of pollution abatement and avoidance of which this reviewer is aware. While the reader would be advised to treat with skepticism some of the results of the models involving uncertainty, the overall set of models offers an excellent set of derivations and conclusions. Any student of firm-generated externalities would gain by exposure to this book.
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Harford, J.D. Pollution and the firm Robert E. Kohn Edward Elgar, 1998, 251 pp.. Atlantic Economic Journal 26, 317–324 (1998). https://doi.org/10.1007/BF02299349
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DOI: https://doi.org/10.1007/BF02299349