Consulta: subjectFacets:"Welfare costs"
Registros recuperados: 3
Data/hora: 12/06/2024 13:43:53

How Large Are the Welfare Costs of Tax Competition?
Provedor de dados: 31
Autores: Parry,   Ian W.H.
Previous literature has shown that competition among regional governments may lead to inefficiently low levels of capital taxation, because governments do not take account of the external benefits of capital flight to other regions. However, the fiscal distortion is smaller the more elastic the supply of capital (for the region bloc), if governments are not perfectly competitive, or they behave in part as a revenue-maximizing Leviathan. There has been very little empirical work on the magnitude of the welfare effects of fiscal competition. This paper presents extensive calculations of the welfare effects using a model that incorporates the possibility of Leviathan behavior, strategic behavior by governments, monopsony power in factor markets, and a wide...
Tipo: Working or Discussion Paper
Palavras-chave: Fiscal competition; Tax harmonization; Welfare costs; Leviathan; Strategic behavior; Public Economics; H73; H21; H23.
Ano: 2001
URL: http://purl.umn.edu/10848

Tax Deductions, Consumption Distortions, and the Marginal Excess Burden of Taxation
Provedor de dados: 31
Autores: Parry,   Ian W.H.
Certain types of expenditure--e.g. mortgage interest and medical insurance—- receive favorable tax treatment and are effectively subsidized relative to other (non-tax-favored) expenditures. Labor taxes (e.g. income taxes) can therefore produce efficiency losses by distorting the allocation of consumption, in addition to distorting the labor market. Using evidence on the responsiveness of taxable income to changes in tax rates, a seminal study by Feldstein (1999) estimates that the marginal excess burden of taxation (MEB) could exceed unity, when the effects of tax deductions are taken into account. This is several times larger than in previous studies of the MEB that focus exclusively on labor market effects. This paper develops a "disaggregated" approach...
Tipo: Working or Discussion Paper
Palavras-chave: Welfare costs; Tax system; Tax deductions; Simulations; Political Economy; H21; H43.
Ano: 1999
URL: http://purl.umn.edu/10801

Estimating Economic Health Costs of Not Controlling Toxic Water Pollution
Provedor de dados: 31
Autores: Easter,   K. William; Konishi,   Yoshifumi.
The purpose of this paper is to determine what types of information may be important in determining the welfare benefits of preventing toxic water contamination when a given type of toxification occurs (or is likely to occur) in a given setting. It attempts to identify information and behavior issues that need to be considered when policy makers and others wish to obtain reasonable estimates of welfare benefits and weigh them against the economic costs of removing toxins. This paper also provides reasonable "scenarios" for three toxic pollutants that are found in water bodies (surface water or groundwater). We make use of two country alternatives--one in developing countries and the other in developed countries--to demonstrate, with specific examples of...
Tipo: Conference Paper or Presentation
Palavras-chave: Welfare costs; Arsenic; Mercury; Atrazine; Information; Water; Environmental Economics and Policy; Health Economics and Policy.
Ano: 2006
URL: http://purl.umn.edu/25768