Towards a Two-rate VAT in Italy: Distributional and Welfare Effects
AbstractThis paper assesses the redistributive effects of two recent adjustments of indirect taxes in Italy, in 1995 and in 1997, in view of the convergence to a two-rate VAT structure. Although reducing the number of tax rates from four to three in 1997, we find that the two adjustments did not cause significant distributional effects. The authors argue that a two- rate VAT could have replaced the 1997 adjustment providing the same revenue, redistributing the tax burden from less rich to richer households and significantly inreasing welfare.
Download InfoTo our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 9816.
Date of creation: Jul 1998
Date of revision:
Contact details of provider:
Web page: http://www.econ.cam.ac.uk/index.htm
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Howard Cobb).
If references are entirely missing, you can add them using this form.