Files and links (1)
https://ore.exeter.ac.uk/repository/bitstream/10871/17888/2/TheComparisonOfAdValoremAndSpecifi_preview-1.pdf
Accepted (AM)Open Access (License Unspecified), Open
Journal article
THE COMPARISON OF AD VALOREM AND SPECIFIC TAXATION UNDER UNCERTAINTY
Journal of public economic theory, v 16(1), pp 48-68
2014
Featured in Collection : UN Sustainable Development Goals @ Drexel
Abstract
The comparison between specific ( per unit) and ad valorem ( percentage) taxation has been one of the oldest issues in public finance. In Cournot markets, with deterministic costs structures, conventional wisdom has it that ad valorem taxation tax- revenue dominates specific. It is shown that in the presence of uncertainty, regarding firms' cost structures, and under reasonable conditions, the conventional wisdom might not hold. The implication of this, from a policy perspective, is that the precise evaluation of the two types of taxation requires an explicit consideration of cost uncertainty.
Metrics
Details
- Title
- THE COMPARISON OF AD VALOREM AND SPECIFIC TAXATION UNDER UNCERTAINTY
- Creators
- Christos KotsogiannisKonstantinos Serfes
- Publication Details
- Journal of public economic theory, v 16(1), pp 48-68
- Publisher
- Wiley
- Number of pages
- 21
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Economics (School of Economics)
- Web of Science ID
- WOS:000330619700001
- Scopus ID
- 2-s2.0-84891901116
- Other Identifier
- 991019170151704721
UN Sustainable Development Goals (SDGs)
This publication has contributed to the advancement of the following goals:
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- International collaboration
- Web of Science research areas
- Economics