Winners and Losers of the COVID-19 Pandemic: An Excess Profits Tax Proposal
Author
Abstract
Suggested Citation
Note: View the original document on HAL open archive server: https://hal.science/hal-04159811
Download full text from publisher
Other versions of this item:
- Céline Azémar & Rodolphe Desbordes & Paolo Melindi‐Ghidi & Jean‐Philippe Nicolaï, 2022. "Winners and losers of the COVID‐19 pandemic: An excess profits tax proposal," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 1016-1038, October.
- Céline Azémar & Rodolphe Desbordes & Paolo Melindi-Ghidi & Jean-Philippe Nicolaï, 2022. "Winners and losers of the COVID-19 pandemic: An excess profits tax proposal," Post-Print hal-03678450, HAL.
- Céline Azémar & Rodolphe Desbordes & Paolo Melindi-Ghidi & Jean‐philippe Nicolaï, 2022. "Winners and losers of the COVID‐19 pandemic: An excess profits tax proposal," Post-Print hal-03882313, HAL.
- Céline Azémar & Rodolphe Desbordes & Paolo Melindi-Ghidi & Jean-Philippe Nicolaï, 2022. "Winners and Losers of the COVID-19 Pandemic: An Excess Profits Tax Proposal," EconomiX Working Papers 2022-8, University of Paris Nanterre, EconomiX.
References listed on IDEAS
- MacKinnon, James G & Magee, Lonnie, 1990. "Transforming the Dependent Variable in Regression Models," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 315-339, May.
- Christian Gollier, 2020.
"Cost–benefit analysis of age‐specific deconfinement strategies,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 22(6), pages 1746-1771, December.
- Christian Gollier, 2020. "Cost–benefit analysis of age‐specific deconfinement strategies," Post-Print hal-03156641, HAL.
- Rabah Amir & Val E. Lambson, 2000.
"On the Effects of Entry in Cournot Markets,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 67(2), pages 235-254.
- Rabah Amir & Val E. Lambson, 1998. "On the Effects of Entry in Cournot Markets," CIE Discussion Papers 1998-06, University of Copenhagen. Department of Economics. Centre for Industrial Economics.
- AMIR, Rabah & LAMBSON, Val, 1999. "On the effects of entry in Cournot markets," LIDAM Discussion Papers CORE 1999059, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rabah Amir, 2000. "On the Effects of Entry in Cournot Markets," Econometric Society World Congress 2000 Contributed Papers 1475, Econometric Society.
- Luciana C. Fiorini & Wilfredo L. Maldonado, 2022.
"Labor Supply in Pandemics Environments: An Aggregative Games Approach,"
Working Papers, Department of Economics
2022_18, University of São Paulo (FEA-USP).
- Luciana C. Fiorini & Wilfredo L. Maldonado, 2022. "Labor Supply in Pandemic Environments: An Aggregative Games Approach," Economics Discussion / Working Papers 22-14, The University of Western Australia, Department of Economics.
- Stefano Ramelli & Alexander F Wagner, 2020.
"Feverish Stock Price Reactions to COVID-19,"
The Review of Corporate Finance Studies, Society for Financial Studies, vol. 9(3), pages 622-655.
- Stefano Ramelli & Alexander F. Wagner, 2020. "Feverish Stock Price Reactions to COVID-19," Swiss Finance Institute Research Paper Series 20-12, Swiss Finance Institute.
- Wagner, Alexander F. & Ramelli, Stefano, 2020. "Feverish Stock Price Reactions to COVID-19," CEPR Discussion Papers 14511, C.E.P.R. Discussion Papers.
- Alexander Klemm & Paolo Mauro, 2022.
"Pandemic and progressivity,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 29(2), pages 505-535, April.
- Mr. Alexander D Klemm & Mr. Paolo Mauro, 2021. "Pandemic and Progressivity," IMF Working Papers 2021/024, International Monetary Fund.
- Zhao, Jingang, 2001.
"A characterization for the negative welfare effects of cost reduction in Cournot oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 19(3-4), pages 455-469, March.
- Jingang Zhao, 1999. "A Characterization of the Negative Welfare Effects of Cost Reduction in Cournot Oligopoly," Working Papers 99-06, Ohio State University, Department of Economics.
- Vadim Elenev & Tim Landvoigt & Stijn Van Nieuwerburgh, 2022.
"Can the covid bailouts save the economy?,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 37(110), pages 277-330.
- Vadim Elenev & Tim Landvoigt & Stijn Van Nieuwerburgh, 2020. "Can the Covid Bailouts Save the Economy?," NBER Working Papers 27207, National Bureau of Economic Research, Inc.
- Van Nieuwerburgh, Stijn & Landvoigt, Tim & Elenev, Vadim, 2020. "Can the Covid Bailouts Save the Economy?," CEPR Discussion Papers 14714, C.E.P.R. Discussion Papers.
- Fevrier, Philippe & Linnemer, Laurent, 2004.
"Idiosyncratic shocks in an asymmetric Cournot oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 22(6), pages 835-848, June.
- Laurent Linnemer & Philippe Février, 2004. "Idiosyncratic shocks in an asymmetric Cournot oligopoly," Post-Print hal-01634436, HAL.
- Stefano Ramelli & Alexander F Wagner, 0. "Feverish Stock Price Reactions to COVID-19," Review of Corporate Finance Studies, Oxford University Press, vol. 9(3), pages 622-655.
- Seade, J., 1985. "Profitable Cost Increases and the Shifting of Taxation: Equilibrium Responses of Markets in Oligopoly," Economic Research Papers 269225, University of Warwick - Department of Economics.
- Ding, Wenzhi & Levine, Ross & Lin, Chen & Xie, Wensi, 2021.
"Corporate immunity to the COVID-19 pandemic,"
Journal of Financial Economics, Elsevier, vol. 141(2), pages 802-830.
- Wenzhi Ding & Ross Levine & Chen Lin & Wensi Xie, 2020. "Corporate Immunity to the COVID-19 Pandemic," NBER Working Papers 27055, National Bureau of Economic Research, Inc.
- Seade, J, 1985. "Profitable Cost Increases and the Shifting of Taxation : Equilibrium Response of Markets in Oligopoly," The Warwick Economics Research Paper Series (TWERPS) 260, University of Warwick, Department of Economics.
- Hansen, Stephen & Davis, Steven & Seminario-Amez, Cristhian, 2020.
"Firm-level Risk Exposures and Stock Returns in the Wake of COVID-19,"
CEPR Discussion Papers
15314, C.E.P.R. Discussion Papers.
- Steven J. Davis & Stephen Hansen & Cristhian Seminario-Amez, 2020. "Firm-Level Risk Exposures and Stock Returns in the Wake of COVID-19," NBER Working Papers 27867, National Bureau of Economic Research, Inc.
- Steven J. Davis & Stephen Hansen & Cristhian Seminario-Amez, 2020. "Firm-Level Risk Exposures and Stock Returns in the Wake of COVID-19," Working Papers 2020-139, Becker Friedman Institute for Research In Economics.
- Steven J. Davis & Stephen Hansen & Cristhian Seminario-Amez, 2020. "Firm-Level Risk Exposures and Stock Returns in the Wake of Covid-19," CESifo Working Paper Series 8594, CESifo.
- Kimmel, Sheldon, 1992. "Effects of Cost Changes on Oligopolists' Profits," Journal of Industrial Economics, Wiley Blackwell, vol. 40(4), pages 441-449, December.
- Ewen Gallic & Michel Lubrano & Pierre Michel, 2022.
"Optimal lockdowns for COVID‐19 pandemics: Analyzing the efficiency of sanitary policies in Europe,"
Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 944-967, October.
- Ewen Gallic & Michel Lubrano & Pierre Michel, 2022. "Optimal lockdowns for COVID‐19 pandemics: Analyzing the efficiency of sanitary policies in Europe," Post-Print hal-03430705, HAL.
- Lahiri, Sajal & Ono, Yoshiyasu, 1988. "Helping Minor Firms Reduces Welfare," Economic Journal, Royal Economic Society, vol. 98(393), pages 1199-1202, December.
- Ewen Gallic & Michel Lubrano & Pierre Michel, 2021. "Optimal lockdowns for COVID‐19 pandemics: Analyzing the efficiency of sanitary policies in Europe," Post-Print hal-03448747, HAL.
- T.S. Adams, 1918. "Principles of Excess Profits Taxation," The ANNALS of the American Academy of Political and Social Science, , vol. 75(1), pages 147-158, January.
- Jacek Rothert, 2021. "Optimal federal transfers during uncoordinated response to a pandemic," GRAPE Working Papers 58, GRAPE Group for Research in Applied Economics.
- Mark Billings & Lynne Oats, 2014. "Innovation and pragmatism in tax design: Excess Profits Duty in the UK during the First World War," Accounting History Review, Taylor & Francis Journals, vol. 24(2-3), pages 83-101, November.
- Rabah Amir & Raouf Boucekkine, 2022. "Introduction to the special issue on new insights into economic epidemiology: Theory and policy," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 24(5), pages 861-872, October.
- Laura Alfaro & Anusha Chari & Andrew N. Greenland & Peter K. Schott, 2020. "Aggregate and Firm-Level Stock Returns During Pandemics, in Real Time," NBER Working Papers 26950, National Bureau of Economic Research, Inc.
- Quirmbach, Herman C, 1988. "Comparative Statics for Oligopoly: Demand Shift Effects," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 29(3), pages 451-459, August.
- Wang, X. Henry & Zhao, Jingang, 2007. "Welfare reductions from small cost reductions in differentiated oligopoly," International Journal of Industrial Organization, Elsevier, vol. 25(1), pages 173-185, February.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jurgan, Jens, 2009. "Conjectural cost variations in a differentiated good oligopoly," W.E.P. - Würzburg Economic Papers 80, University of Würzburg, Department of Economics.
- Jens Jurgan, 2009. "Cost Variations in a Differentiated Good Oligopoly," Working Papers 069, Bavarian Graduate Program in Economics (BGPE).
- Lapan, Harvey E. & Hennessy, David A., 2008.
"Statistical moments analysis of production and welfare in multi-product Cournot oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 26(2), pages 598-606, March.
- Lapan, Harvey E. & Hennessy, David A., 2008. "Statistical moments analysis of production and welfare in multi-product Cournot oligopoly," ISU General Staff Papers 200803010800001156, Iowa State University, Department of Economics.
- Fevrier, Philippe & Linnemer, Laurent, 2004.
"Idiosyncratic shocks in an asymmetric Cournot oligopoly,"
International Journal of Industrial Organization, Elsevier, vol. 22(6), pages 835-848, June.
- Laurent Linnemer & Philippe Février, 2004. "Idiosyncratic shocks in an asymmetric Cournot oligopoly," Post-Print hal-01634436, HAL.
- Harrison Hong & Jeffrey D. Kubik & Neng Wang & Xiao Xu & Jinqiang Yang, 2020. "Pandemics, Vaccines and an Earnings Damage Function," NBER Working Papers 27829, National Bureau of Economic Research, Inc.
- Hassan, Tarek & Hollander, Stephan & van Lent, Laurence & Schwedeler, Markus & Tahoun, Ahmed, 2020.
"Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1,"
CEPR Discussion Papers
14573, C.E.P.R. Discussion Papers.
- Tarek A. Hassan & Laurence van Lent & Stephan Hollander & Ahmed Tahoun, 2020. "Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1," Boston University - Department of Economics - The Institute for Economic Development Working Papers Series dp-340, Boston University - Department of Economics.
- Tarek A. Hassan & Stephan Hollander & Laurence van Lent & Ahmed Tahoun, 2020. "Firm-Level Exposure to Epidemic Diseases: Covid-19, SARS, and H1N1," Working Papers Series inetwp119, Institute for New Economic Thinking.
- Tarek Alexander Hassan & Stephan Hollander & Laurence van Lent & Markus Schwedeler & Ahmed Tahoun, 2020. "Firm-Level Exposure to Epidemic Diseases: COVID-19, SARS, and H1N1," NBER Working Papers 26971, National Bureau of Economic Research, Inc.
- Rahman, Md Lutfur & Al Mamun, Mohammed Abdullah, 2021. "How resilient are the Asia Pacific financial markets against a global pandemic?," Pacific-Basin Finance Journal, Elsevier, vol. 69(C).
- Dragan Jovanovic & Christian Wey & Mengxi Zhang, 2021.
"On the social welfare effects of runner-up mergers in concentrated markets,"
Economics Bulletin, AccessEcon, vol. 41(4), pages 2330-2337.
- Jovanovic, Dragan & Wey, Christian & Zhang, Mengxi, 2021. "On the social welfare effects of runner-up mergers in concentrated markets," DICE Discussion Papers 371, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Andrieș, Alin Marius & Ongena, Steven & Sprincean, Nicu, 2021.
"The COVID-19 Pandemic and Sovereign Bond Risk,"
The North American Journal of Economics and Finance, Elsevier, vol. 58(C).
- Alin Marius Andries & Steven Ongena & Nicu Sprincean, 2020. "The COVID-19 Pandemic and Sovereign Bond Risk," Swiss Finance Institute Research Paper Series 20-42, Swiss Finance Institute.
- Augustin Landier & David Thesmar, 2020.
"Earnings Expectations in the COVID Crisis,"
NBER Working Papers
27160, National Bureau of Economic Research, Inc.
- Augustin Landier & David Thesmar, 2020. "Earnings Expectations in the COVID Crisis," Working Papers hal-02910083, HAL.
- Michal Bernardelli & Zbigniew Korzeb & Pawel Niedziolka, 2021. "The banking sector as the absorber of the COVID-19 crisis’ economic consequences: perception of WSE investors," Oeconomia Copernicana, Institute of Economic Research, vol. 12(2), pages 335-374, June.
- Lei Li & Philip E. Strahan & Song Zhang, 2020. "Banks as Lenders of First Resort: Evidence from the COVID-19 Crisis," NBER Working Papers 27256, National Bureau of Economic Research, Inc.
- Amir, Rabah & Jin, Jim Y. & Lasselle, Laurence, 2023. "Uniform, efficient and independent Ramsey taxes across markets," Games and Economic Behavior, Elsevier, vol. 138(C), pages 373-386.
- Michele Santoni, 2017. "Protective Excise Taxation," Journal of Industry, Competition and Trade, Springer, vol. 17(4), pages 421-445, December.
- Laeven, Luc, 2022.
"Pandemics, intermediate goods, and corporate valuation,"
Journal of International Money and Finance, Elsevier, vol. 120(C).
- Laeven, Luc, 2020. "Pandemics, Intermediate Goods, and Corporate Valuation," CEPR Discussion Papers 15022, C.E.P.R. Discussion Papers.
- Ruggero Jappelli & Loriana Pelizzon & Alberto Plazzi, 2021.
"The Core, the Periphery, and the Disaster: Corporate-Sovereign Nexus in COVID-19 Times,"
Swiss Finance Institute Research Paper Series
21-30, Swiss Finance Institute.
- Jappelli, Ruggero & Pelizzon, Loriana & Plazzi, Alberto, 2021. "The core, the periphery, and the disaster: Corporate-sovereign nexus in COVID-19 times," SAFE Working Paper Series 331, Leibniz Institute for Financial Research SAFE.
- Pagano, Marco & Wagner, Christian & Zechner, Josef, 2023.
"Disaster resilience and asset prices,"
Journal of Financial Economics, Elsevier, vol. 150(2).
- Marco Pagano & Christian Wagner & Josef Zechner, 2020. "Disaster Resilience and Asset Prices," Papers 2005.08929, arXiv.org, revised May 2020.
- Marco Pagano & Christian Wagner & Josef Zechner, 2020. "Disaster Resilience and Asset Prices," EIEF Working Papers Series 2008, Einaudi Institute for Economics and Finance (EIEF), revised Nov 2021.
- Marco Pagano & Christian Wagner & Josef Zechner, 2020. "Disaster Resilience and Asset Prices," CSEF Working Papers 563, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
- Zechner, Josef & Pagano, Marco & Wagner, Christian, 2020. "Disaster Resilience and Asset Prices," CEPR Discussion Papers 14773, C.E.P.R. Discussion Papers.
- Pagano, Marco & Wagner, Christian & Zechner, Josef, 2021. "Disaster resilience and asset prices," CFS Working Paper Series 673, Center for Financial Studies (CFS).
- Xue, Fujing & Li, Xiaoyu & Zhang, Ting & Hu, Nan, 2021. "Stock market reactions to the COVID-19 pandemic: The moderating role of corporate big data strategies based on Word2Vec," Pacific-Basin Finance Journal, Elsevier, vol. 68(C).
- Bae, Kee-Hong & El Ghoul, Sadok & Gong, Zhaoran (Jason) & Guedhami, Omrane, 2021. "Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic," Journal of Corporate Finance, Elsevier, vol. 67(C).
- Rabah Amir & Isabelle Maret & Michael Troege, 2004.
"On Taxation Pass-Through for a Monopoly Firm,"
Annals of Economics and Statistics, GENES, issue 75-76, pages 155-172.
- AMIR, Rabah & TROGE, Michael & MARET, Isabelle, 2004. "On taxation pass-through for a monopoly firm," LIDAM Discussion Papers CORE 2004039, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Rabah Amir & Isabelle Maret & Michael Troge, 2004. "On Taxation Pass-Through for a Monopoly Firm," Working Papers of BETA 2004-10, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
- Rabah Amir & Isabelle Maret & Michael Troege, 2004. "On Taxation Pass-Through for a Monopoly Firm," Post-Print hal-00279333, HAL.
More about this item
Keywords
Excess profits; COVID-19; Lockdown; Imperfect competition; Transfers.;All these keywords.
JEL classification:
- L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
- H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
- H81 - Public Economics - - Miscellaneous Issues - - - Governmental Loans; Loan Guarantees; Credits; Grants; Bailouts
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:wpaper:hal-04159811. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.