Many people may be driving less because of high gasoline prices But transportation officials worry that less demand for gasoline will mean shortages of money from fuel taxes that support reads. Use of public transportation, though, is up. The American Public Transportation Association says it ...
With rising required rates of return less of the high cost reserves become profitable to develop and investments decline. Because the government in practice carries a large fraction of the investments, less investment in a period increases the tax base and the tax income. The initial effect is ...
This paper examines the effect of taxes on the individuals' choices of educational direction, and thus on the economy's skill composition. A proportional labour income tax induces too many workers with high innate ability to choose an educational type with high consumption value and low effort ...
number of kilometers traveled on public roads has dropped since late 2006. Many people may be driving less because of high gasoline prices But transportation officials worry that less demand for gasoline will mean shortages of money from fuel taxes that support reads. Use of public ...
Many people may be driving less because of high gasoline prices But transportation officials worry that less demand for gasoline will mean shortages of money from fuel taxes that support reads.Use of public transportation,though,is up,The American Public Transportation Association says it increased thr...
The effects of taxes on purchases of sugar- sweetened carbonated soft drinks: a quantile regression approach. Appl. Econ. 43, 707-716.Gustavsen GW, Rickertsen K. The effects of taxes on purchases of sugar-sweetened carbonated soft drinks: a quantile regression approach. Appl Econ. 2011; 43 ...
This is due to the fact that manufacturing firms in Kenya have consistently claimed that the taxes are very high and have been discouraging, to an extent that some have relocated to other countries. This posed a question as to the effectiveness and adequacy of these tax mitigation avenues in ...
The most important drawback of a tax on realized capital gains is its "lock-in" effect. This paper uses a simple land development model to examine the distortion that the lock-in effect generates. A surprising result is that the lock-in effect does not arise if the basis for the capital...
particularly among high-income nations, an indication that affordability-based prescriptions to countries, instead of isolated taxes and prices reforms, are possibly more useful as a tobacco control target. In addition, banning sales of single cigarettes, restricting legal cross-border shopping and fight...
Inflation is the sustained and broad rise in the prices of goods and services over time; it erodes purchasing power. A small but positive inflation rate is economically useful. High inflation tends to feed on itself and impair the economy’s long-term performance. ...