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This paper was published in the Journal of Public Economics. I scanned this copy from the paper edition and am posting it with the permission of the publisher. The publisher asks that I post the homepage of the journal and of Science Direct. These are: http://www.elsevier.com/locate/jpubeco and http://www.sciencedirect.com.

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ABSTRACT:
We show that for a depletable resource, if the competitive time path of prices is known, and if the profit function is concave, then there is an easily described time path of taxes and/or subsidies that would induce a monopolist to follow an efficient time path of extraction.

SUGGESTED CITATION:
Ted Bergstrom, John Cross, and Dick Porter, "Efficiency-Inducing Taxation for a Monopolistically Supplied Depletable Resource" (July 1, 1981). Department of Economics, UCSB. Ted Bergstrom. Paper 1981A.
http://repositories.cdlib.org/ucsbecon/bergstrom/1981A