Summary
This paper presents an economic analysis of meat pricing, arguing that current market prices do not fully reflect health and environmental externalities. The authors develop a framework for optimal meat taxation, synthesising evidence on the external costs of meat production and consumption. The work suggests taxation policy as a mechanism to internalise these costs and improve food system sustainability and public health outcomes.
UK applicability
The analytical framework is applicable to United Kingdom policy design, particularly given existing interest in dietary guidelines and climate commitments. However, implementation would require UK-specific data on production systems, consumer behaviour, and cost valuations.
Key measures
Tax rate recommendations; externality valuations (health, environmental, resource costs); elasticity of demand; distributional impacts
Outcomes reported
The paper examines optimal meat taxation levels considering externalities related to health, environment, and resource use. It models the economic case for taxation as a corrective policy instrument.
Topic tags
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