Version 2 2024-06-18, 01:38Version 2 2024-06-18, 01:38
Version 1 2017-07-26, 12:14Version 1 2017-07-26, 12:14
journal contribution
posted on 2024-06-18, 01:38authored byH Beladi, CC Chao
Privatization towards profit maximization lowers output and hence encourages a lower tax rate. Because of the reduced tax effect, output is increased when the demand function is highly convex. This gives a paradoxical result that privatization harms the environment.