Taxation in General Equilibrium: an Introduction[Note 1. I should like to thank two referees for constructive ...] | Zendy

Creedy John | Zendy

AI Assistant Blog Pricing

Home ZAIA Blog

Premium

Taxation in General Equilibrium: an Introduction[Note 1. I should like to thank two referees for constructive ...]

Author(s) -

Creedy John

Publication year - 1997

Publication title -

bulletin of economic research

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.227

H-Index - 29

eISSN - 1467-8586

pISSN - 0307-3378

DOI - 10.1111/1467-8586.00035

Subject(s) - economics , general equilibrium theory , commodity , diagrammatic reasoning , simple (philosophy) , production (economics) , microeconomics , factors of production , mathematical economics , partial equilibrium , order (exchange) , macroeconomics , computer science , market economy , philosophy , epistemology , finance , programming language

This paper provides an introduction to some aspects of the role of taxes in a static general equilibrium framework. The standard diagrammatic framework is first used, in the case of fixed factor supplies, in order to examine selective commodity and factor taxes. A simple two‐sector model, with Cobb–Douglas production functions and preferences, and allowing labour supplies to be endogenous, is then constructed. Several tax policies are examined using numerical examples.

This content is not available in your region!

Continue researching here.

Having issues? You can contact us here

Accelerating Research