Artikel
The impact of fiscal policies on agricultural household decisions
This paper provides a comparative static analysis of farm household's production, consumption, and labor market decisions under alternative tax policies. We explore the implications of non-separable household decisions caused by widespread non-participation in labor, land, financial and/or food markets, as is typical of low income economies. The analytical results indicate that when labor market imperfections occur, most tax-induced responses are ambiguous, mainly due to shadow price effects. This is particularly the case for the labor market and production responses to most tax tools under study, while a decreasing demand for consumption goods appears to be the result in several cases. Furthermore, tax-induced allocation effects may differ between the non-separable and the separable model versions, indicating the potential impact of labor market constraints on farm household responses to tax policies. In particular, standard taxes as well as a land tax may imply production adjustments in the case of non-separability.
- Language
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Englisch
- Bibliographic citation
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Journal: Economic Modelling ; ISSN: 1873-6122 ; Volume: 29 ; Year: 2012 ; Issue: 2 ; Pages: 166-177 ; Amsterdam: Elsevier
- Classification
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Wirtschaft
Taxation, Subsidies, and Revenue: General
Fiscal Policies and Behavior of Economic Agents: Household
Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- Subject
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agricultural household model
non-separability
taxation
- Event
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Geistige Schöpfung
- (who)
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Glauben, Thomas
Herzfeld, Thomas
Loy, Jens-Peter
Renner, Swetlana
Hockmann, Heinrich
- Event
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Veröffentlichung
- (who)
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Elsevier
ZBW - Leibniz Information Centre for Economics
- (where)
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Amsterdam
- (when)
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2012
- DOI
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doi:10.1016/j.econmod.2011.09.010
- Handle
- Last update
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10.03.2025, 11:42 AM CET
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
- Artikel
Associated
- Glauben, Thomas
- Herzfeld, Thomas
- Loy, Jens-Peter
- Renner, Swetlana
- Hockmann, Heinrich
- Elsevier
- ZBW - Leibniz Information Centre for Economics
Time of origin
- 2012