Definition of Pigovian. Meaning of Pigovian. Synonyms of Pigovian

- A Pigouvian tax (also spelled Pigovian tax) is a tax on any market activity that generates negative externalities (i.e., external costs incurred by third...
- the use of Pigovian taxes—corrective taxes on goods that produce negative externalities. While Hahnel (and Albert) favour the use of Pigovian taxes as solutions...
- tax is called a Pigovian tax, after economist Arthur Pigou who wrote about it in his 1920 book "The Economics of Welfare". Pigovian taxes might target...
- 1920. Pigou expanded upon Marshall's ideas and introduced the concept of "Pigovian taxes" or corrective taxes aimed at internalizing externalities by aligning...
- beverages are heavily taxed for revenue and public health policy purposes (see Pigovian tax). In order to avoid paying beverage taxes on alcohol that is not meant...
- there will be a "market failure". These failures may be addressed with Pigovian taxes and subsidies, such as a carbon tax. While the theory of the law...
- M****achusetts. Throughout his career, Mankiw has advocated the implementation of Pigovian taxes, such as a revenue-neutral carbon tax, to correct for externalities...
- fast foods, coffee, sugar, gambling, and ****. In contrast to Pigovian taxes, which are to pay for the damage to society caused by these goods...
- to various health issues caused by a lack of exercise.[citation needed] Pigovian taxes are one solution used for correcting negative externalities caused...
- or to address market externalities generated by certain transactions (Pigovian taxes). Different perspectives exist on the role of government in both...