Description |
1 online resource |
Series |
Cambridge elements. Elements in public economics |
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Cambridge elements. Elements in public economics
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Contents |
Cover -- Title page -- Copyright page -- Economic Principles of Commodity Taxation -- Contents -- Preface -- 1 Introduction and Overview -- 2 The Optimal Structure of Commodity Taxes -- 2.1 A Closer Look at Corlett and Hague -- 2.2 Commodity Taxes and Product Innovation -- 2.3 Optimal Commodity Taxes with Income Taxation -- 3 Commodity Tax Incidence -- 4 Economic Aspects of the VAT -- 5 VAT and Financial Services -- 5.1 Financial Intermediation -- 5.2 Insurance -- 5.3 Currency Trade -- 6 International Aspects of Indirect Taxation -- 6.1 Origin vs Destination Sales Taxes |
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6.2 Origin and Destination VAT -- 6.3 Cross-Border Shopping -- 6.4 Duty-Free -- 7 Using Indirect Taxes to Achieve Changes in Behaviour -- 7.1 Taxes and Externalities -- 7.2 Excise Taxes on Alcohol and Tobacco -- 7.3 Merit Goods and Consumer Rationality -- 8 Some Further Issues -- 8.1 Marginal Tax Reform -- 8.2 The 'Inverse Optimum Problem' -- 8.3 Commodity Taxes and the Tax System as a Whole -- 8.4 Evasion and Commodity Taxes -- 8.5 Political Economy Aspects -- 8.6 Salience -- 9 Directions for Future Research -- Appendix: Derivation of first order conditions -- References -- Acknowledgements |
Summary |
The authors provide a broad overview of economic aspects of commodity taxation, focussing in particular on theory and on policy applications in OECD countries. Some major papers in public economics have discussed whether these taxes should be levied at a uniform rate, or whether different commodities should be taxed differently, for reasons of either equity or efficiency. The authors begin with this question, and then discuss further issues, including the economic incidence of commodity taxes, the properties of the VAT, the taxation of financial services, the international aspects of commodity taxation, and environmental and health policy aspects |
Bibliography |
Includes bibliographical references |
Notes |
Online resource; title from digital title page (viewed on April 02, 2021) |
Subject |
Commercial products -- Taxation
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Taxation of articles of consumption.
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Fiscal policy.
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Commercial products -- Taxation
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Fiscal policy
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Taxation of articles of consumption
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Genre/Form |
Electronic books
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Form |
Electronic book
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Author |
Smith, Stephen (Professor of Economics), author.
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ISBN |
9781009004497 |
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1009004492 |
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