• Environmental and Resource Economics Review
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• v.12 no.3
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• pp.397-425
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• 2003

This paper develops a simple theoretical model that is consistent with the empirical evidence of an inverted U-shpated relationship between pollution and per capita income, which is so-called environmental Kuznets curve in this literature. Also, by incorporating the issue of environmental externality into an endogenous growth model, I investigate the circumstances under which growth can be sustained with the optimal control of pollution, and hence the sustainable development can be achieved. In order to study the problem of implementing the social optimum in a market economy, I examine the optimality of three different kinds of environmental policy instruments; pollution tax, pollution-permit trading system (pollution voucher), and direct regulation. This paper shows that the optimum can be implemented with a pollution tax or with a voucher system. Also, it is shown that the socially optimal rate of pollution tax should increase proportionally to the growth rate of consumption.

• Environmental and Resource Economics Review
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• v.25 no.3
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• pp.351-376
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• 2016

This study examines optimal emission taxes and welfares in mixed duopoly markets where public and private firms produce differentiated goods and emit pollutions. Both comparing quantity and price competitions and comparing simultaneous and simultaneous games provides the followings findings: First, irrespective of competition modes between quantity and price competitions or simultaneous and sequential games, the optimal emission tax is always lower than marginal environmental damage. Second, emission tax under private leadership is the highest in quantity competition while that under public leadership is the highest in price competition. Third, environmental damage under Cournot and private leadership is worsened in quantity competition while that under public leadership is worsened in price competition. Finally, welfare under Bertrand and public leadership is improved in price competition while that under private leadership is improved in quantity competition.

• Environmental and Resource Economics Review
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• v.23 no.2
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• pp.225-248
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• 2014

The purpose of this study is to estimate the optimal tax rate for gasoline in Korea, by utilizing both the parameters for the estimation of the optimal fuel taxes and the theoretical model considering externalities proposed by Parry and Small (2005). The result of simulation shows that the optimum fuel taxes in Korea is calculated in 382 korean won per liter, which is lower than fuel tax rate(529 korean won per liter) currently being imposed. The fuel tax is composed of two types of tax. First is Pigouvian tax caused by negative externality such as traffic congestion and accidents etc. And second is Ramsey tax for optimal commodity sales taxes. We find that Pigouvian tax in Korea is higher than one of U.S. and U.K and Ramsey tax is very small due to the inelastic labor supply comparing to consumption elasticity of fuel. When adjusting the elasticity of labor supply to the UK level, the optimal fuel tax in Korea is very close to the current level of 480 korean won per liter. This paper contributes to suggest the reasonable estimation and discussion in the social optimum fuel tax rates by utilizing the theory and simulation and improve the possibility of the derivation of optimum fuel taxes through both securing the exact parameters and modifying the theoretical model suitable for Korea.

• Proceedings of the Korea Air Pollution Research Association Conference
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• 1996.10a
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• pp.26-27
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• 1996

• Proceedings of the KSEEG Conference
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• 2001.04a
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• pp.271-274
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• 2001

• Environmental and Resource Economics Review
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• v.24 no.1
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• pp.1-53
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• 2015

In environmental policy areas, a greater use of economic instruments (EIs) has recently been observed in many countries. However, EIs are heterogeneous policy tools. The textbook case of a Pigouvian tax is far from widely used, mainly due to the information requirements and other structural and institutional constraints. The successful implementation of EIs might heavily depend on pre-existing structural and institutional conditions. Moreover, these institutional conditions are particularly unfavorable in developing countries. Using a simple analytical general equilibrium model, this paper examines how these constraints affect the welfare gain from the introduction of environmental taxes in developing countries. First, this paper solves for the second-best optimal Pigouvian tax and output tax in the presence of a distortionary tax on market use of labor. The result confirms that an environmental output tax achieves a socially-efficient level of emissions in the least-cost manner only if the nature of the linkage between the tax base and the environmental damage is fixed. Second, incorporating structural and institutional constraints into the model through a set of parameter values from China and the US, this paper calculates the net welfare effects of either using the ideal Pigouvian tax or instead using an output tax. The numerical simulation results show that the net welfare gain from the use of an ideal Pigouvian tax could be more than six times larger than that of an output tax in developing countries. On the other hand, the welfare gain is only 50 percent in developed countries. This means that the potential welfare disadvantage from using output taxes instead emissions tax for environmental purposes could be much greater in the case of developing countries.

• Environmental and Resource Economics Review
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• v.19 no.3
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• pp.459-483
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• 2010

This paper constructs the two-part tax-a combined form of output tax and entrance fee-for polluting oligopolists under endogenous entry. In the presence of external damage that varies exogenously with aggregate output, we show that the two-part tax produces the ex post Pigouvian rule and thus achieves the first-best optimum. We also examine a detailed analysis of the impact of the two-part tax on social welfare and government revenues. Finally, when estimation errors exist in the process of regulation, we identify the incentive conflicts between interest groups and analyze the effects of estimation errors on determining optimal tax. In particular, we show that if the regulator takes care of both welfare loss and revenue gain under the proposed two-part tax, not only over-estimation on the slope of external damage but also under-estimation on the slope of market demand should be taken into the policy consideration.

• Journal of Environmental Policy
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• v.7 no.3
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• pp.1-40
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• 2008

In this paper, I examine the welfare effects of various revenue-neutral tax reforms in the case of two vertically-related oligopolies(downstream and upstream), where the upstream industry is polluting. I show analytically when and how government can improve welfare by initiating various tax reforms, regardless of either the feasibility of a lump sum transfer or the availability of a tax on pollution. The profit wedge that is the difference between the unit price and the unit cost and the marginal environmental damages(MED) becomes important to decidethe direction of a tax reform and is crucial to determine the direction of welfare-improving tax-subsidy schemes. I also show that a tax on pollution(Pigouvian tax) is superior to a tax on intermediate good even in the case of vertically-related oligopolies, because the former always brings in positive welfare effect from the upstream firms' input substitutability, which a tax on intermediate good cannot provide. Some policy implications for 'reducing environmentally-harmful subsidies' are also discussed.

• Proceedings of the Korean Vacuum Society Conference
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• 1999.07a
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• pp.231-231
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• 1999

PDP(Plasma Display Panel)는 21세기 디스플레이 시장을 대체할 차세대 디스플레이 장치로서 넓은 시야각, 얇고, 가볍고, 메모리기능이 있다는 여러 가지 장점들을 가지고 있지만 현재 고휘도, 고효율, 저소비전력 등의 문제점들을 해결하여야 한다. 이러한 문제점들의 해결을 위해서는 명확한 미세방전 PDP 플라즈마에 대한 정확한 진단 및 해석이 필요하다. 따라서 본 연구에서는 미세 면방전 AC-PDP 플라즈마의 기초 변수들 (플라즈마 밀도 & 온도, 플라즈마 뜬 전위, 플라즈마 전위 등의 측정을 통해 고휘도, 고효율 PDP를 위한 최적의 방전환경을 알아내는 데 있다. 일반적으로 전자의 밀도는 방전전류에 비례하는 관계를 보인다. 전류에 대해 방전전압이 일정하다면 전자밀도가 커짐에 따라서 휘도는 포화되며 상대적으로 휘도와 전류의 비로 표시되는 발광효율은 감소하게 된다. 반면 전자밀도가 상당히 작다면 휘도는 전자밀도에 비례하고 효율은 최대값을 보인다. 따라서 미세구조 PDP에서 휘도와 발광효율, 양쪽에 부합하는 최적의 방전환경을 플라즈마 전자밀도와 온도의 측정을 통해서 해석하는 것이 필요하다. 본 실험에서는 방전기체의 종류와 Ne+Xe 방전기체의 조성비에 따른 플라즈마 밀도, 온도의 공간적인 분포특성을 진단하기 위해서 초미세 랑뮈에 탐침(지름: 수 $mu extrm{m}$)을 제작하였다. 제작된 초미세 탐침을 컴퓨터로 제어되는 스텝핑모터를 장착한 정밀 X, Y, Z stage에 부착하여서 수 $\mu\textrm{m}$간격의 탐침 삽입위치에 따라서 미세면방전 AC-PDP의 플라즈마 밀도 및 온도분포 특성을 진단하였다. PDP 방전공간에 초미세 랑뮈에 탐침을 삽입해서 -200~+200V의 바이어스 전압을 가해준다. 음의 바이어스 전압구간에서 이온 포화전류를 얻어내어 여기서 플라즈마 이온 밀도를 측정하고 양의 바이어스 전압구간에서 플라즈마 전자온도를 측정하면 미세면방전 AC-PDP 플라즈마의 기초 진단이 가능하다.

• The Korean Journal of Quaternary Research
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• v.25 no.1
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• pp.15-30
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• 2011

Three sediment cores from two different locations (UJ-03 and UJ-12 cores of valley sediment in Paju area, and CL-4 core of wetland sediment in Cheollipo area) along the western Korean Peninsula yield crucial information on the timing and spatial pattern of century-scale climate changes and subsequent surficial responses during the Holocene. In Paju area, the sediments included abundant coarse-grained sediment (coarse sands and pebbles) from 7100 to 5000 cal. yrBP, total organic carbon (TOC) values showed a marked increase from 5000 to 2200 cal. yrBP, several intermittent depositional layers were observed from 2200 cal. yrBP. In Cheollipo area, lake environment developed from 7360 to 5000 cal. yrBP, the deposition of organic materials increased from 5000 to 2600 cal. yrBP, peatland formed from 2600 cal. yrBP. The two patterns of surficial responses to the climate changes through the Holocene are different to each other. This might be due to the dissimilarity in geomorphic conditions. However, the approximate simultaneity of environmental changes in two areas shows that they both can be correlated to the major climate changes. Two areas which have undergone significant changes indicated that the hydrological factors including precipitation and strength of water flow were most responsible for the landscape and geomorphic evolutions. Although the upwards trend in relative sea-level also played a primary role for environmental changes in coastal area (Cheollipo area), detailed studies have still to be undertaken.