Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/185973 
Erscheinungsjahr: 
2011
Quellenangabe: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 147 [Issue:] 1 [Publisher:] Springer [Place:] Heidelberg [Year:] 2011 [Pages:] 1-16
Verlag: 
Springer, Heidelberg
Zusammenfassung: 
It is an important difference in different measures of the marginal cost of public funds whether to take into account the "revenue effect" emphasized by Atkinson and Stern (1974). This note tries to reconcile two competing measures from a general viewpoint. We demonstrate that the revenue effect represents a distortionary effect associated with commodity taxation as opposed to a "windfall." We thus derive a new measure which captures the distortionary effect associated with commodity as opposed to lump-sum taxation. This new measure is guaranteed to be higher than unity. Moreover, this new measure lies between the two measures.
Schlagwörter: 
marginal cost of public funds
Pigou effect
revenue effect
Ramsey taxation
public good
JEL: 
H2
H4
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