This paper evaluates the political economy and structural factors explaining the collection efficiency of the Value … Added Tax [VAT]. We consider the case where the collection efficiency is determined by the probability of audit and by the … penalty on underpaying. Implementation lags imply that the present policy maker determines the efficiency of the tax system …

This paper investigates the efficiency of the Japanese distribution system, measured by the distribution margin. Most …

The efficiency of resource allocation is often analyzed in static frameworks with a focus on the cross … important in assessing the efficiency properties of different allocation mechanisms. This paper uses a dynamic model to … empirically quantify the efficiency outcome of using lotteries to allocate scarce resources among forward-looking consumers. In …

qualitative evidence to support an alternative view that the lease generated a net efficiency gain, resulting in lower steel …

In this paper, we derive a measure of the efficiency cost of taxing risky capital incomein an infinite horizon … efficiency cost of taxing risky capital income is much larger than that implied by the measure -sigma(s)T(s)E(deltaX(s)). In fact …, we show in special cases that our measure implies a smaller efficiency cost than does the measure -sigma(s)T(s)E(deltaX(s)) …

addition, for commodity tax reforms that do not eliminate or proportionally reduce differential taxation, a simple efficiency …