setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty …

setting the two policy instruments have different welfare effects. For a strong green policy (a severe reduction of the dirty …

outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit … industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes. …The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes …

outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit … industry, less output per firm, less tax revenue, but higher welfare compared to ad valorem taxes. …The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes …

This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the …

welfare increases with the number of big firms because the pro-competitive effect associated with entry dominates the …

than profit companies. From this follows that more funds for donations to nonprofit companies reduce the welfare to be …