METHODOLOGICAL APPROACHES TO ECOLOGICAL AND ECONOMIC INSTRUMENTS IMPROVEMENT BASING ON POLLUTION PAYMENTS PRINCIPLE
It is proposed methodological and practical approaches to the stimulation of regional SD implementation. Author proposed to decrease income taxes and compensate them through the increase of ecological taxes. It was expected that smaller income taxes and larger pollution payments would stimulate usage of recourse saving equipment and positively influence on regional economic growth. The research showed that 3% income tax decrease would require the 5-6 times increase in pollution payments.
Xi'an University of Finance and Economics, China
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