Components of optimal gasoline tax rate | Beijing | Shanghai |
Adjusted Pigovian tax: | 937.28 | 916.77 |
Global climate change | 7.03 | 7.03 |
Local air pollution | 65.39 | 63.96 |
Congestion | 743.33 | 727.07 |
Accidents | 122.96 | 120.27 |
Ramsey tax | 782.26 | 919.19 |