Tax or Should I Toll ? A Model of Network Financing Over Space
نویسنده
چکیده
A model to examine the choice by jurisdiction whether to finance roads with taxes or tolls is developed. Key factors posited to explain the choice include the length of trips using the roads, the size of the governing jurisdiction, the elasticity of demand to revenue instruments, and the transactions costs of collection which dictate the size and scope of the free rider problem associated with financing. This paper concludes with some discussion of what is required for tolls to become the preferred revenue instrument for highways. Tax or Toll Levinson
منابع مشابه
Efficient Urban Sprawl and Alternative Public Finance Policies in a System of Replicable Cities
We study a system of replicable (identical) cities with un-priced traffic congestion where each city requires a minimum investment in infrastructure setup costs. We consider alternative planning regimes (or, equivalently, market with profit-maximizing developers), differing from each other according to the public policy for financing the infrastructure. These policies play two roles: 1) providi...
متن کاملAssessing the Iranian Fiscal Sustainability in Past and Future through Tax Side of the Economy
This paper, I have focused on the tax side of the fiscal policy to investigate the past and future behavior of fiscal sustainability in Iran. To do so, I have employed two different forward-looking and backward-looking approaches. First, the backward-looking approach is the fiscal policy rule proposed by Daving & Leeper (2011). Precisely, this rule determines that whether the fiscal policy is ...
متن کاملInvestigating the risk-taking behavior of the banking industry in the form of the general equilibrium model of overlapping generations (OLG)
In this paper, using a general equilibrium model of overlapping generations, the impact of different financing plans of the banking industry on their risk-taking motivation is investigated. In the non-competitive banking industry, financing is done by imposing taxes on the older generation or the bankchr('39')s internal resources (bank shares). As an effective policy, this action optimizes soci...
متن کاملProviding a Model for Detecting Tax Fraud Based on the Personality Types of Corporate Financial Managers using the Neural Network Approach
One of the management measures to reduce tax liabilities is non-payment of taxes through tax fraud. Because personality factors may play a role in explaining tax ethics, examining personality traits and aspects of tax fraud can help to better understand the factors that influence tax decisions. The main purpose of this study is to provide a model for detecting tax fraud based on the personality...
متن کاملواکنش کشش های بلندمدت و کوتاهمدت پایههای مالیاتی به ادوار تجاری در ایران
In recent years, with increasing of international sanctions and oil revenues falling in Iran, more attention has paid to public spending and taxes as a source of government financing. In this regard, numerous studies have focused on the issue of taxation and its role in economic development. However, the most studies in Iran analyses the role of taxes on macroeconomic variables such as economic...
متن کامل