Growth and welfare: Distorting versus non-distorting taxes

Policy Analysis in the Presence of Distorting Taxes

This article first describes the new literature in environmental economics on the socalled "double-dividend" and then explores its implications for a broad range of economic issues. This literature reveals that in a second-best, general-equilibrium setting, environmental measures raise costs and prices and thereby reduce the real wage. This rise in the cost of living reduces slightly the quanti...

Distorting Reason

TAXING INTERMEDIATE GOODS TO COMPENSATE FOR DISTORTING TAXES ON HOUSEHOLD CONSUMPTION LARS BOHLIN ECONOMICS Taxing intermediate goods to compensate for distorting taxes on household consumption

In contrast to the classic result in Diamond and Mirrlees (1971) that fiscal taxes should not be levied on intermediate use of goods, Newbury (1985) showed that, in a closed economy with Leontief technology, input taxes should be used to indirectly tax commodities that for some reason are untaxed in final consumption. This paper extends the Newbury result to more general cases; i.e., to open ec...

Non-distorting Flattening for Virtual Colonoscopy

In this paper, we consider a novel 3D visualization technique based on surface flattening for virtual colonoscopy. Such visualization methods could be important in virtual colonoscopy since they have the potential for non-invasively determining the presence of polyps and other pathologies. Further, we demonstrate a method which presents a surface scan of the entire colon as a cine, and affords ...

Distorting the sarcomere

One of the goals of cardiovascular science is to create a mathematical model of the heart that can predict ven-tricular function in healthy and diseased states, and that can be used to help improve treatment options for patients with heart disease. To be clinically useful, the model will have to include structural information about the shapes of the chambers and the action of the valves, and ab...