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Optimal Commodity Taxation with a Representative Agent

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Author Info
Murray C. Kemp
Koji Shimomura
Abstract

It is argued that the task of describing the optimal vector of commodity taxes is trivialized by the traditional assumption of a price-taking representative agent; that, in particular, the assumption of a representative agent ensures that the null vector is optimal. Copyright © 2007 The Authors; Journal compilation © 2007 Blackwell Publishing Ltd.

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File URL: http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9361.2007.00405.x
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Article provided by Blackwell Publishing in its journal Review of Development Economics.

Volume (Year): 11 (2007)
Issue (Month): 2 (05)
Pages: 385-389
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Handle: RePEc:bla:rdevec:v:11:y:2007:i:2:p:385-389

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