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- W3123266688 abstract "This paper calculates the optimal gasoline tax for the state of California. According to our analysis, the optimal gasoline tax in California is $1.37/gallon, which is over 3 times the current California tax when excluding sales taxes. The Pigovian tax is the largest part of this tax, comprising $0.85/gallon. Of this, the congestion externality is taxed the most heavily, at $0.27, followed by oil security, accident externalities, local air pollution, and finally global climate change. The other major component, a Ramsey tax, comprises a full $0.52 of this tax, reflecting the efficiency in raising revenues from a tax on gasoline consumption due to the inelastic demand of this consumption good." @default.
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- W3123266688 date "2010-01-01" @default.
- W3123266688 modified "2023-09-27" @default.
- W3123266688 title "The Optimal Gas Tax for California" @default.
- W3123266688 hasPublicationYear "2010" @default.
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