Arbeitspapier
A new approach to optimal commodity taxation
This paper makes a fresh attempt at characterizing optimal commodity taxes. Under the usual assumptions, an extremely simple expression of second-best commodity taxes is derived, showing tax rates as functions of observable variables only, rather than as functions of unobservable variables such as compensated cross elasticities. The main formula is independent of special preferences, and independent of the number of commodities. It has a simple economic meaning and could be particularly useful for empirical research. Examples and remarks on the normalization problem are provided.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 1231
- Classification
-
Wirtschaft
Taxation and Subsidies: Efficiency; Optimal Taxation
- Subject
-
optimal commodity taxation
Ramsey rule
Verbrauchsteuer
Optimale Besteuerung
Second Best
Theorie
- Event
-
Geistige Schöpfung
- (who)
-
Homburg, Stefan
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2004
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Homburg, Stefan
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2004
Other Objects (12)
A New Approach to Optimal Commodity Taxation
Why Democracy is Essential to Monetary Stability
The Optimal Income Tax: Restatement and Extensions
Optimal Marginal Tax Rates for Low Incomes: Positive, Negative, or Zero?
Optimal Tax-Transfer-Schemes under Partial Information
The efficiency of unfunded pension schemes
Speculative eurozone attacks and departure strategies
Verbesserungen der Steuerstruktur und der Unternehmensbesteuerung
Effects and risks of unconventional monetary policy
Overaccumulation, public debt, and the importance of land
What caused the Great Recession?
Understanding benign liquidity traps: The case of Japan
A New Approach to Optimal Commodity Taxation
Why Democracy is Essential to Monetary Stability
The Optimal Income Tax: Restatement and Extensions
Optimal Marginal Tax Rates for Low Incomes: Positive, Negative, or Zero?
Optimal Tax-Transfer-Schemes under Partial Information
The efficiency of unfunded pension schemes
Speculative eurozone attacks and departure strategies
Verbesserungen der Steuerstruktur und der Unternehmensbesteuerung
Effects and risks of unconventional monetary policy
Overaccumulation, public debt, and the importance of land
What caused the Great Recession?
Understanding benign liquidity traps: The case of Japan
A New Approach to Optimal Commodity Taxation
Why Democracy is Essential to Monetary Stability
The Optimal Income Tax: Restatement and Extensions
Optimal Marginal Tax Rates for Low Incomes: Positive, Negative, or Zero?
Optimal Tax-Transfer-Schemes under Partial Information
The efficiency of unfunded pension schemes
Speculative eurozone attacks and departure strategies
Verbesserungen der Steuerstruktur und der Unternehmensbesteuerung
Effects and risks of unconventional monetary policy
Overaccumulation, public debt, and the importance of land
What caused the Great Recession?