urban voters may impose their will on the voters of rural cantons voting instrumentally. -- political economics of taxation …

burden households. We also study the implications of the financial sector’s exemption from value added taxation (VAT). Main … results are that an increased taxation of the banks’ profits goes together with a larger financial sector, as measured by the …

This paper analyzes the effects of specific and ad valorem taxation in an industry with downstream and upstream … increase is more likely to be welfare reducing. We also demonstrate that downstream and upstream taxation are equivalent in the … downstream. -- Specific tax ; ad valorem tax ; value-added tax ; tax incidence ; tax efficiency ; indirect taxation ; imperfect …