This paper utilizes a previously unavailable database on the commodity transactions of firms to analyze internal trade in China. This database is built from value-added tax (VAT) invoices collected under a comprehensive management information system, the Golden Tax Project (GTP). This project...

We discuss recent policy debate in Russia on moving from the present value added tax to a sales tax structure covering households, government and exports. What is distinctive in this debate is the range and nature of problems identified with the VAT, most of which stem from its multistage...

We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...

We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...

We study the cost-effectiveness of a transferable emissions permit system (TEPS) vis a vis a system of emissions standards. Our analysis includes along with abatement costs, the costs of enforcing the system to induce compliance. Further, the analysis considers complete and incomplete...

Estudiamos la propiedad de costo-efectividad de un sistema de permisos de emisión transferibles (SPET) frente un sistema de estándares de emisión. Nuestro análisis agrega a los costos de abatimiento, los costos de fiscalización para inducir cumplimiento. Consideramos, además, escenarios de...