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| Registros recuperados: 13 | |
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| Lapan, Harvey E.; Moschini, GianCarlo; Caruth, Brad. |
| Under current U.S. law, taxpayers can deduct up to 100 percent of their state income taxes from their adjusted gross income when calculating their federal income taxes. As a result, Iowans currently pay approximately $251 million less to the federal government than they would otherwise pay. There is, however, no equivalent stipulation allowing for the deduction of state sales taxes. Consequently, by eliminating the sales tax and replacing the lost revenue with an income-based tax, Iowans could save a substantial amount of money on their federal tax returns without any change in revenue for the Iowa government. Alternatively, by replacing the sales tax with an income-based tax, the State of Iowa could increase its tax revenue without increasing the total... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Federal itemized deductions; Income tax; Sales tax; State budget; Tax policy; Public Economics. |
| Ano: 2002 |
URL: http://purl.umn.edu/18452 |
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| Sobolevsky, Andrei; Moschini, GianCarlo; Lapan, Harvey E.. |
| We develop a new partial equilibrium, four-region world trade model for the soybean complex comprising soybeans, soybean oil, and soybean meal. In the model, some consumers view genetically modified Roundup Ready (RR) soybeans and products as weakly inferior to conventional ones; the RR seed is patented and sold worldwide by a U.S. firm; and producers employ a costly segregation technology to separate conventional and biotech products in the supply chain. The calibrated model is solved for equilibrium prices, quantities, production patterns, trade flows, and welfare changes under different assumptions regarding regional government's production and trade policies, differentiated consumer tastes, and several other demand and supply parameters. Incomplete... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Biotechnology; Differentiated demand; Food labeling; Genetically modified products; Identity preservation; Innovations; Intellectual property rights; International trade; Loan deficiency payments; Market failure; Monopoly; Roundup Ready soybeans; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2002 |
URL: http://purl.umn.edu/18348 |
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| Lapan, Harvey E.; Moschini, GianCarlo. |
| We build a partial-equilibrium, two-country model to analyze some implications of the introduction of genetically modified (GM) products. In the model, innovators hold proprietary rights on the new technology, whereas farmers are (competitive) adopters; some consumers deem food produced from GM products to be inferior to traditional food; countries trade both traditional and GM products; countries can adopt regulations (such as mandatory labeling of GM products) that have direct trade implications; and, crucially, the mere introduction of GM crops affects the costs of non-GM food (because it makes it necessary to implement costly identity preservation). The analysis shows that, although agricultural biotechnology innovations have the potential to improve... |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade; Research and Development/Tech Change/Emerging Technologies. |
| Ano: 2002 |
URL: http://purl.umn.edu/18555 |
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| Choi, E. Kwan; Lapan, Harvey E.. |
| This paper investigates optimal trade policies for a developing small open economy which faces international price uncertainty. Trade taxes are used to finance provision of a public good, which enters the utility function of consumers. If demands for private goods are independent of the public good, the optimal composite tariff dominates the optimal quota. If the optimal state-contingent tariff increases with the foreign price, the optimal specific tariff also dominates the optimal quota, regardless of risk aversion. However, the ranking of the optimal specific tariff and the optimal quota generally depends on risk attitudes as well as ordinal preferences. |
| Tipo: Working or Discussion Paper |
Palavras-chave: International Relations/Trade. |
| Ano: 1990 |
URL: http://purl.umn.edu/51263 |
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| Lapan, Harvey E.; Sikdar, Shiva. |
| We analyze the effects of trade liberalization on environmental policies in a strategic setting when there is transboundary pollution. Trade liberalization can result in a race to the bottom in environmental taxes, which makes both countries worse. This is not due to the terms of trade motive, but rather the incentive, in a strategic setting, to reduce the incidence of transboundary pollution. With command and control policies (emission quotas), countries are unable to influence foreign emissions by strategic choice of domestic policy; hence, there is no race to the bottom. However, with internationally tradable quotas, unless pollution is a pure global public bad, there is a race to the bottom in environmental policy. Under free trade, internationally... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Environmental Economics and Policy. |
| Ano: 2010 |
URL: http://purl.umn.edu/59160 |
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| Larue, Bruno; Lapan, Harvey E.; Gervais, Jean-Philippe. |
| Tariff-rate quotas (TRQs) have replaced quotas at the end of the Uruguay Round. We analyze TRQs when a foreign firm competes against a domestic firm in the latter’s market. Our benchmark is the strategic rent-shifting tariff. We show that the domestic price-equivalent TRQ is a better instrument welfare-wise, as it can extract all of the rents from the foreign firm. We show that different pairs of within-quota tariff and quota can support full rent extraction. The implication is that reduction of the former and enlargement of the latter, holding the above-quota tariff constant, may have no liberalizing effects. The first-best TRQ and the strategic tariff generate different prices. When firms have identical and constant marginal cost, the first-best TRQ... |
| Tipo: Journal Article |
Palavras-chave: Financial Economics; International Relations/Trade; Marketing; Political Economy. |
| Ano: 2010 |
URL: http://purl.umn.edu/90591 |
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| Gervais, Jean-Philippe; Lapan, Harvey E.. |
| This paper investigates the strategic behavior between countries that have purchasing power on the world market for a certain good. Tariffs and quotas are not equivalent protection instruments in this oligopsonistic market. Policy active importers would be better off by colluding and setting their trade instrument cooperatively. In a non-cooperative setting, if production decisions occur before consumption decisions, the ex-ante optimal policy is not time consistent because the ex-post elasticity of the residual foreign export supply curve is lower than the ex-ante elasticity. However, we show that the importers' inability to irrevocably commit to their trade instrument may be welfare superior to the precommitment solution. The negative welfare... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Precommitment; Time consistency; Optimal tariff and quota; Oligopsony; International Relations/Trade; F13; Q17; D4. |
| Ano: 1998 |
URL: http://purl.umn.edu/18239 |
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| Registros recuperados: 13 | |
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