Economics Dictionary of Arguments

Home Screenshot Tabelle Begriffe

Pigovian tax: A Pigovian tax is a levy imposed to internalize externalities, aligning market outcomes with social costs. Named after economist Arthur Pigou, this tax corrects market inefficiencies caused by negative externalities, like pollution or congestion, by increasing the cost of the activity generating the externality. See also Externalities, Taxation.
Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.

Author Concept Summary/Quotes Sources

Arthur Cecil Pigou on Pigovian Tax - Dictionary of Arguments

Mause I 159
Def Pigou Tax/Pigovian Tax/Pigou: The state taxes (subsidizes) the perpetrators of negative (positive) externalities in such a way that the social and private marginal costs coincide with the welfare-optimized supply quantity of the goods concerned in the behavioral equilibrium. (1)
>Carbon Tax.

1.A.C. Pigou, The economics of welfare. London 1920.

Explanation of symbols: Roman numerals indicate the source, arabic numerals indicate the page number. The corresponding books are indicated on the right hand side. ((s)…): Comment by the sender of the contribution. Translations: Dictionary of Arguments
The note [Concept/Author], [Author1]Vs[Author2] or [Author]Vs[term] resp. "problem:"/"solution:", "old:"/"new:" and "thesis:" is an addition from the Dictionary of Arguments. If a German edition is specified, the page numbers refer to this edition.

EconPigou I
Arthur C. Pigou
The Economics of welfare London 1920

Mause I
Karsten Mause
Christian Müller
Klaus Schubert,
Politik und Wirtschaft: Ein integratives Kompendium Wiesbaden 2018

Send Link
> Counter arguments against Pigou
> Counter arguments in relation to Pigovian Tax

Authors A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z  

Concepts A   B   C   D   E   F   G   H   I   J   K   L   M   N   O   P   Q   R   S   T   U   V   W   Z