Specific or ad valorem tax for an exhaustible resource?
Not withstanding the equivalence in static framework between an ad-valorem and a specific sale tax, this paper shows in the dynamic Hotelling model for an exhaustible resource that the ad valorem tax is definitely welfare-superior to the specific tax.
Year of publication: |
2009
|
---|---|
Authors: | Hung, N.M. ; Quyen, N.V. |
Published in: |
Economics Letters. - Elsevier, ISSN 0165-1765. - Vol. 102.2009, 2, p. 132-134
|
Publisher: |
Elsevier |
Subject: | Taxation Exhaustible resources Welfare |
Saved in:
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