The Comparison between Ad Valorem and Unit Taxes under Monopolistic Competition
نویسندگان
چکیده
منابع مشابه
The Comparison Between Ad Valorem and Unit Taxes under Monopolistic Competition
This paper shows that the welfare dominance of ad valorem over unit taxes under imperfect competition, extends to the Dixit-Stiglitz framework with differentiated products, entry and love of variety. This contrasts against findings by Anderson et al. (J Public Econ, 2001) made in a similar framework, but under Bertrand competition.
متن کاملCompetition in Unit vs. Ad Valorem Taxes
This note shows that in the Zodrow-Miesowski-Wilson model, the Nash equilibrium in capital taxes depends on whether these taxes are unit (as assumed in the literature) or ad valorem (as in reality). In a symmetric version of the model with Cobb-Douglas technology, public good provision is higher, and residents in both countries are better off, when countries compete in unit taxes.
متن کاملUnit versus ad valorem taxes: Monopoly in general equilibrium
We show that if a monopoly sector is imbedded in a general equilibrium framework and profits are taxed at one hundred percent, then unit (specific) taxation and ad valorem taxation are welfare-wise equivalent. This is contrary to all known claims. Journal of Economic Literature Classification Number:H21
متن کاملThe E¢ ciency Comparison of Taxes under Monopolistic Competition with Heterogenous Firms and Variable Markups
This paper compares the e¢ ciency implications of aggregate output equivalent unit versus advalorem tax regimes when monopolistically competitive rms produce di¤erentiated products with either homogenous or heterogenous costs. The model allows for rms to price at a variable markup over marginal cost. In line with most prior ndings the superiority of ad-valorem tax continues to hold when rms...
متن کاملPer unit vs. ad valorem royalties under asymmetric information
a r t i c l e i n f o JEL classification: D21 D43 D44 D45 Keywords: Patent licensing Insider Asymmetric information Per unit royalty Ad valorem royalty We study an inside patent holder's optimal licensing policy when it has imperfect information about the value of the patent to its rival. The patent holder can choose any two-part licensing fee with either per unit or ad valorem royalties. We de...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Economics
سال: 2004
ISSN: 0931-8658
DOI: 10.1007/s00712-004-0096-y