Chandoevwit, Worawan; Dahlby, Bev - Australian Taxation Studies Program (ATAX), Faculty of Law - 2007
The authors extend the Ahmad and Stern (1984) framework for calculating the marginal cost of public funds (MCF) for excise taxes in Thailand by incorporating non-tax distortions caused by (a) environmental externalities, (b) public expenditure externalities, (c) market power in setting prices,...