Dröge, Susanne; Schröder, Philipp J. H. - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2005
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 …