Deadweight Loss Measurement with Generalized Gorman Polar Forms
This paper presents a method of estimating the deadweight loss of a tax system for economies in which the bulk of revenue comes from labor and commodity taxes. It shares many of the desirable characteristics of general equilibrium models (and correspondingly avoids many of the pitfalls associated with partial equilibrium analyses) while at the same time being extremely easy to estimate. An example is presented.
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Volume (Year): 45 (1990)
Issue (Month): 2 ()
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