ISSN:
1617-7134
Keywords:
commodity taxation
;
anticipated switch
;
H24
;
E62
Source:
Springer Online Journal Archives 1860-2000
Topics:
Economics
Notes:
Abstract This paper investigates the macroeconomic and welfare effects of an anticipated future switch from destination- to origin-based commodity taxation. We set up an intertemporal representative-agent model of an open economy and study especially consumption, investment, and trade-balance responses to the commodity-tax reform. The anticipation effects on the macroeconomy are significant, whereas their welfare implications are not.
Type of Medium:
Electronic Resource
URL:
http://dx.doi.org/10.1007/BF01231467