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Unit versus ad valorem taxes: monopoly in general equilibrium
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Blackorby, Charles, 1937- and Murty, Sushama. (2007) Unit versus ad valorem taxes: monopoly in general equilibrium. Journal of Public Economics, Vol.91 (No.3-4). pp. 817-822. ISSN 0047-2727
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Official URL: http://dx.doi.org/10.1016/j.jpubeco.2006.10.003
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 equivalent on the set of Pareto optima. (c) 2006 Elsevier B.V. All rights reserved.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Social Sciences > Economics |
| Journal or Publication Title: | Journal of Public Economics |
| Publisher: | Elsevier |
| ISSN: | 0047-2727 |
| Official Date: | April 2007 |
| Volume: | Vol.91 |
| Number: | No.3-4 |
| Number of Pages: | 6 |
| Page Range: | pp. 817-822 |
| Identification Number: | 10.1016/j.jpubeco.2006.10.003 |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Restricted or Subscription Access |
| URI: | http://wrap.warwick.ac.uk/id/eprint/32223 |
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