Blackorby, Charles and Murty, Sushama (2006) Unit versus ad valorem taxes: monopoly in general equilibrium. Working Paper. Coventry: University of Warwick, Department of Economics. Warwick economic research papers (No.761).

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Abstract

We show that if a monopoly sector is imbedded in a general equilibrium framework and profits are taxed at one hundred percent, then unit (specific) taxation and ad valorem taxation are welfare-wise equivalent. This is contrary to all known claims.

Item Type:	Working or Discussion Paper (Working Paper)
Subjects:	H Social Sciences > HJ Public Finance
Divisions:	Faculty of Social Sciences > Economics
Library of Congress Subject Headings (LCSH):	Ad valorem tax, Property tax, Taxation -- Mathematical models, Monopolies, Equilibrium (Economics)
Series Name:	Warwick economic research papers
Publisher:	University of Warwick, Department of Economics
Place of Publication:	Coventry
Official Date:	February 2006
Dates:	Date Event February 2006 Published
Number:	No.761
Number of Pages:	18
Institution:	University of Warwick
Status:	Not Peer Reviewed
Access rights to Published version:	Open Access (Creative Commons)

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