eCite Digital Repository
Optimal Commodity Taxes in Australia
Citation
Blacklow, P and Ray, R, Optimal Commodity Taxes in Australia, The Australian Economic Review, 35, (1) pp. 45-54. ISSN 0004-9018 (2002) [Refereed Article]
DOI: doi:10.1111/1467-8462.00222
Abstract
The recent changes to commodity taxes in Australia have led to renewed interest in a classic question in public finance: should the tax rates be uniform or differentiated? This article attempts to answer this question by calculating optimal commodity taxes in Australia for a nine-item disaggregation. The estimates point to non-uniform commodity taxes, even from the viewpoint of an inequality-insensitive tax planner. The optimal commodity taxes bear little resemblance with the pre-GST or post-GST tax rates. No less significant is our observation that even the purely efficiency-driven optimal commodity taxes imply lower real expenditure inequality than the actual taxes.
Item Details
Item Type: | Refereed Article |
---|---|
Research Division: | Economics |
Research Group: | Applied economics |
Research Field: | Welfare economics |
Objective Division: | Economic Framework |
Objective Group: | Microeconomics |
Objective Field: | Microeconomic effects of taxation |
UTAS Author: | Blacklow, P (Dr Paul Blacklow) |
UTAS Author: | Ray, R (Professor Ranjan Ray) |
ID Code: | 25508 |
Year Published: | 2002 |
Deposited By: | Economics and Finance |
Deposited On: | 2002-08-01 |
Last Modified: | 2003-05-29 |
Downloads: | 0 |
Repository Staff Only: item control page