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| Taheripour, Farzad. |
| This article uses a general equilibrium framework and econometric analyses to examine economic wide impacts of the Conservation Reserves Program. It determines direct and indirect factors which affect the economic efficiency of the program and shows their magnitudes. It shows that the interaction between the program and the tax system causes indirect efficiency costs but the interaction between the program and the agricultural support subsidies generate economic gains. The program has the potential to distort the labor market and cause efficiency losses form this channel. However the analytical model shows that trade can reduce social costs of the policy because a part of the burden of the policy can be passed on to foreign consumers of crop products... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Land retirement; Slippage effect; Efficiency cost; Agricultural pollution; Tax system; Environmental Economics and Policy. |
| Ano: 2006 |
URL: http://purl.umn.edu/21346 |
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| 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 |
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