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In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …
Persistent link: https://www.econbiz.de/10010274816
Persistent link: https://www.econbiz.de/10009150307
Efficiency comparison of ad valorem and unit taxes has been traditionally based on consumer welfare. However, if the tax instrument also affects the distribution of firms over their productivities, the policy maker may be concerned about the implications on aggregate productivity as well. This...
Persistent link: https://www.econbiz.de/10014496067
Efficiency comparison of ad valorem and unit taxes has been traditionally based on consumer welfare. However, if the tax instrument also affects the distribution of firms over their productivities, the policy maker may be concerned about the implications on aggregate productivity as well. This...
Persistent link: https://www.econbiz.de/10012179289
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand … conditions by altering output. -- ad valorem tax ; commodity taxation ; perfect competition ; uncertainty ; unit tax …
Persistent link: https://www.econbiz.de/10009010185
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …
Persistent link: https://www.econbiz.de/10013130099
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the Dixit-Stiglitz framework with differentiated products, entry and love of variety. This contrasts against findings by Anderson et al. (J Public Econ, 2001) made in a similar...
Persistent link: https://www.econbiz.de/10010276547
Based on product homogeneity and Cournot competition, a recurrent finding in the literature is that ad valorem taxation is welfare superior to unit taxation in noncompetitive markets. This paper first observes that with asymmetric costs inefficient firms are more likely to be inactive in...
Persistent link: https://www.econbiz.de/10010927786
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the Dixit-Stiglitz framework with differentiated products, entry and love of variety. This contrasts against findings by Anderson et al. (J Public Econ, 2001) made in a similar...
Persistent link: https://www.econbiz.de/10004963604
We analyze the incidence of ad valorem and unit excise taxes in an oligopolistic industry with differentiated products and price-setting (Bertrand) firms. Both taxes may be passed on to consumers by more than 100 percent, and an increase in the tax rate can increase short run firm profits (and...
Persistent link: https://www.econbiz.de/10005802022