Dynamic effects of an anticipated switch from destination- to origin-based commodity taxation

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.

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Year of publication:	1997
Authors:	Haufler, Andreas ; Nielsen, Søren Bo
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München

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Series:	Munich Reprints in Economics.
Type of publication:	Book / Working Paper
Notes:	Published in Journal of Economics / Zeitschrift für Nationalökonomie 1 66(1997): pp. 43-69
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011019414