| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Comparing the Marginal Excess Burden of Labor, Petrol, Cigarette, and Alcohol Taxes: An Application to the United Kingdom
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| Autores: |
Parry, Ian W.H.
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| Data: |
2005-10-25
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| Ano: |
2001
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| Palavras-chave: |
Welfare cost
Labor tax
Cigarette tax
Alcohol tax
Petrol tax
Externalities
Political Economy
H21
H23
Q28
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| Resumo: |
This paper develops an analytical framework for comparing the marginal excess burden (MEB) of labor taxes and various commodity taxes, allowing for externalities and interactions between the taxes, and applies the analysis to the United Kingdom. Due to parameter uncertainty and model simplifications the results should be viewed with caution, nonetheless there are some useful insights. For example, even though taxes on petrol and cigarettes confer externality benefits, and these goods are relatively weak leisure substitutes, the MEB of these taxes may substantially exceed that of the labor income tax, except under "high" scenarios for externality benefits. In contrast the MEB for alcohol taxes may be smaller than that of the labor tax, though it is still positive even if the tax is below marginal external costs. Finally, the distinction between whether additional revenue is spent on public goods or transfers is less significant for commodity taxes than for labor taxes.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
18404
http://purl.umn.edu/10860
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| Editor: |
AgEcon Search
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| Relação: |
Resources for the Future>Discussion Papers
Discussion Paper 00-33 Revised
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| Formato: |
36
application/pdf
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