deadweight lossAlso found in: Acronyms, Wikipedia. Deadweight Loss The loss of economic activity due to excessive taxation. For example, suppose a person on welfare is offered a job that pays more than he/she receives in welfare benefits. If taxes are too high, however, the person may ...
then the deadweight loss of taxation is smaller, because the quantity bought or sold varies less with price. With perfect inelasticity, there is no deadweight loss. However, deadweight loss increases proportionately to the elasticity of either supply or demand....
With this new tax price, there would be a deadweight loss: As illustrated in the graph, deadweight loss is the value of the trades that are not made due to the tax. The blue area does not occur because of the new tax price. Therefore, no exchanges take place in that region, and dea...
The difference in the effects on public expenditure by local governments of consumer's incomes and intergovernmental grants is shown to be consistent with the maximization of a representative consumer's utility by a local government. Increasing marginal deadweight loss of taxation accounts for the resul...
"The Flypaper Effect and the Deadweight Loss from Taxation." Journal of Urban Economics 19 (2), 148-155.Hamilton, J. H. (1986), “The Flypaper Effect and the Deadweight Loss from Taxation.” Journal of Urban Economics 19: x148–55....
Deadweight loss is traditionally associated with the loss of consumer surplus caused by taxation (Musgrave, 2008). However, deadweight loss can also be understood more generally as inefficiency reflected by waste or suboptimal allocation of resources (Harberger, 1964). There is surprisingly vast body ...
This paper develops an overlapping generations general equilibrium model that treats explicitly the role of capital goods in the production process, and uses the model to measure the relative magnitudes of different distortions associated with capital income taxation (across industries, assets and time)....
How consumers and producers respond to changes in price significantly influences the deadweight loss of taxation. When demand or supply is inelastic, deadweight loss tends to be higher. In these cases, consumers and producers may find it challenging to adjust their behavior in response to tax-induc...
A deadweight loss is a cost to society created by market inefficiency, which occurs when supply and demand are out of equilibrium.
2003. Deadweight loss of bacterial resistance due to overtreatment, Health Economics, 12, 125-138.Elbasha E (2003) Deadweight loss of bacterial resistance... EH Elbasha - 《Health Economics》 被引量: 228发表: 2003年 The Value of Broadband and the Deadweight Loss of Taxing New Technology " ...