Sahoo, Pravakar; Kumar, Rajiv - East Asian Bureau of Economic Research (EABER) - 2008
, volatility and transaction cost using a three-equation structural model for five top selected commodities namely Gold, Copper … government has proposed to impose a commodity transaction tax (CTT) of 0.017%. Though the stated rationale for imposing higher … imposes CTT, it would lead to higher volatility and lower trading activity affecting market efficiency and liquidity …