DYNAMIC EFFECTS OF AN ANTICIPATED SWITCH FROM DESTINATION-BASED TO ORIGIN-BASED COMMODITY TAXATION

Authors
HAUFLER A NIELSEN SB
Citation
A. Haufler et Sb. Nielsen, DYNAMIC EFFECTS OF AN ANTICIPATED SWITCH FROM DESTINATION-BASED TO ORIGIN-BASED COMMODITY TAXATION, Journal of economics, 66(1), 1997, pp. 43-69
Citations number
18
Categorie Soggetti
Economics
Journal title
Journal of economics → ACNP
ISSN journal
09318658
Volume
66
Issue
1
Year of publication
1997
Pages
43 - 69
Database
ISI
SICI code
0931-8658(1997)66:1<43:DEOAAS>2.0.ZU;2-V
Abstract
This paper investigates the macroeconomic and welfare effects of an an ticipated future switch from destination-to origin-based commodity tax ation. We set up an intertemporal representative-agent model of an ope n economy and study especially consumption, investment, and trade-bala nce responses to the commodity-tax reform. The anticipation effects on the macroeconomy are significant, whereas their welfare implications are not.