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to internalise these externalities. We study optimal corrective taxation in the alcohol market. We allow for the fact … that the externality generating commodity (ethanol) is available in many differentiated products, over which consumers …
Persistent link: https://www.econbiz.de/10011786840
highlights how market power impacts the efficiency and redistributive properties of sin taxation, and quantify these effects in an … application to sugar-sweetened beverage taxation. We estimate a detailed model of demand and supply for the UK drinks market …
Persistent link: https://www.econbiz.de/10012623743
We evaluate the impact of a price floor for alcohol introduced in Scotland in 2018, using a difference-in-differences strategy with England as a control group. We show that the policy led to the largest reductions in alcohol units purchased among the heaviest drinkers – the group who, at the...
Persistent link: https://www.econbiz.de/10012665509
to internalise these externalities. We study optimal corrective taxation in the alcohol market. We allow for the fact … that the externality generating commodity (ethanol) is available in many differentiated products, over which consumers …
Persistent link: https://www.econbiz.de/10011596310
We study optimal corrective taxation in the alcohol market. Consumption generates negative externalities that are non …
Persistent link: https://www.econbiz.de/10011817184
The transport sector is one of the important components of economic systems. Besides positive effects, it is also a source of external costs transferred to other entities. Through the evaluation of current settings of the tax base and parameters of the road tax rate progressivity it was...
Persistent link: https://www.econbiz.de/10012119051
We study the introduction of a price floor for alcohol that is aimed at correcting for negative consumption externalities. Policy effectiveness depends on whether the measure achieves large reductions in the most socially costly consumption. We exploit a natural experiment to show the policy...
Persistent link: https://www.econbiz.de/10012427106
different portfolio choices to agents. The inefficiency is caused by a 'portfolio externality': the average portfolio of the …
Persistent link: https://www.econbiz.de/10011103254
In some insurance markets, the uninsured can generate a negative externality on the insured, leading insurance …
Persistent link: https://www.econbiz.de/10011112196
In some insurance markets, the uninsured can generate a negative externality on the insured, leading insurance …
Persistent link: https://www.econbiz.de/10011112788