Proportional Profit Taxes and Resource Management under Production Uncertainty
The impact of proportional profit taxes on input use is analyzed under conditions of production uncertainty and risk aversion. Two kinds of profit taxes are considered: proportional profit taxes with perfect loss offset and revenue-neutral profits taxes. Their impact on optimal input use is examined...
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| Format: | Article |
| Language: | English |
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Western Agricultural Economics Association
1999-12-01
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| Series: | Journal of Agricultural and Resource Economics |
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| Online Access: | https://ageconsearch.umn.edu/record/30794 |