Pigouvian tax

English

Alternative forms

Noun

Examples
  • carbon tax (pollution)
  • tax on alcohol/tobacco (health)

Pigouvian tax (plural Pigouvian taxes)

  1. A tax on any market activity that generates negative externalities.
    • 2016, Cinnamon P. Carlarne, Kevin R. Gray, Richard Tarasofsky, editors, The Oxford Handbook of International Climate Change Law‎[1], Oxford University Press, →ISBN:
      Named after economist A.C. Pigou, a Pigouvian tax is a tax levied per unit of pollution emitted. Pigouvian taxes are meant to internalize ‘externalities’, generally understood to be positive or negative side-effects from economic production that are not reflected in the price of production.

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