Perroni, Carlo; Whalley, John - In: The Review of Economics and Statistics 80 (1998) 3, pp. 357-364
This paper numerically investigates the significance of rents for both the welfare costs and the optimal design of commodity taxes using a general-equilibrium model calibrated to 1986 Canadian data. In the data we use, Ricardian rents are concentrated in agriculture and utilities, with market...