A FURTHER COMMENT ON THE EFFECTS OF EXCISE TAXES.
In this article authors comment on the comparison of the impact of excise taxes under competition and monopoly, as described by the economist R. L. Bishop. Here they present the competitive partial-equilibrium solutions to the excise tax problem in the form of very simple expressions in terms of the...
| Publicado en: | Quarterly Journal of Economics Vol. 86; no. 4; pp. 684 - 687 |
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| Autores principales: | , |
| Formato: | Artículo |
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Oxford University Press / USA
Nov72
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=hlh&AN=5518253&site=ehost-live header: @attributes: shortDbName: hlh uiTerm: 5518253 longDbName: Humanities International Complete uiTag: AN controlInfo: bkinfo: jinfo: jid: 00335533 QJE jtl: Quarterly Journal of Economics issn: 00335533 maglogo: N pubinfo: dt: Nov72 vid: 86 iid: 4 pid: 622 pub: Oxford University Press / USA artinfo: ui: 5518253 10.2307/1882051 ppf: 684 ppct: 3 formats: tig: atl: A FURTHER COMMENT ON THE EFFECTS OF EXCISE TAXES. aug: au: Hixsow, Jesse S. Ramsey, James B. affil: Michigan State University. su: Excise tax Elasticity (Economics) Internal revenue Industrial organization (Economic theory) Supply & demand Ad valorem tax Competition Monopolies Econometrics sug: subj: Excise tax Elasticity (Economics) Internal revenue Industrial organization (Economic theory) Supply & demand Ad valorem tax Competition Monopolies Econometrics ab: In this article authors comment on the comparison of the impact of excise taxes under competition and monopoly, as described by the economist R. L. Bishop. Here they present the competitive partial-equilibrium solutions to the excise tax problem in the form of very simple expressions in terms of the elasticities of the market demand and supply functions. The theorem of ad valorem tax is described in the article. For the case of an ad valorem tax levied at a particular rate, the well known expressions for the market quantity and price response to a change in the tax rate are presented in the form of mathematical equations. The theorem has also been expressed in terms of the elasticities of the market supply and demand functions. These expressions give the effect of an ad valorem tax rate change on market quantity and price in terms of the tax rate and the elasticities of demand and supply. The limiting properties for different expressions are explained by the author. The author also presents the formula for the elasticity of revenue with respect to the elasticity of supply price. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: Y dt: @attributes: year: 1972 holdings: @attributes: islocal: N |
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