An optimal quantity tax path in a dynamic setting
Following Ramsey, the existing literature on optimal quantity taxation only compares the pre and the post-tax market equilibriums in order to account for the efficiency losses. However, when the government imposes a quantity tax on the consumer, the buyer’s price jumps to the pre-tax equilibrium pri...
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Format: | Article |
Language: | English |
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University of A Coruna
2017-12-01
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Series: | European Journal of Government and Economics |
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Online Access: | http://revistas.udc.es/index.php/ejge/article/view/4329 |