Results 51 to 60 of about 33,979 (212)
The future of dispute resolution in international trade
Abstract Given ongoing dysfunction of the World Trade Organization's Appellate Body, the focus of this article is on the future of trade dispute resolution, with evaluation of two questions: (i) What is the current status of WTO dispute resolution as compared to that conducted through existing preferential trade agreements (PTAs)? and (ii) What are the
Ian Sheldon, Daniel C. K. Chow
wiley +1 more source
Can the Oil Price Stabilisation Fund Reduce the Volatility of Domestic Prices?
ABSTRACT This paper has two primary objectives. First, it contributes to the literature on oil stabilisation funds and price controls by examining how such a fund is used to regulate market prices in the developing country of Vietnam. Second, it employs descriptive statistics and a standard GARCH methodology to investigate whether the fund, which ...
The Anh Pham
wiley +1 more source
Do Consumers Buy Less of a Taxed Good? [PDF]
This paper shows that consumers may buy more of a taxed good if it is sold by a two-sided platform firm. Two-sided platform industries serve distinct customer groups that are connected through interdependent demand, and include major businesses such as ...
Guttorm Schjelderup +2 more
core
Boat wakes enhance oyster reef mortality in a short‐fetch estuary
Abstract Oyster reefs are vital to estuarine ecosystems, providing key services such as water filtration and shoreline stabilization. However, they are increasingly threatened by human activities, particularly boat wakes. This study investigates the relative impacts of boat wakes and wind waves on reef mortality in the Guana‐Tolomato‐Matanzas estuary ...
Daniele Pinton, Alberto Canestrelli
wiley +1 more source
Do Taxes Produce Better Wine? [PDF]
Theory predicts that unit taxes increase the quality consumed in a market since unit taxes reduce the relative price of high quality goods. Ad valorem taxes, on the other hand, have no effect on relative prices and should not affect product quality.
Martin Ljunge
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Corrective Ad Valorem and Unit Taxes: A Welfare Comparison [PDF]
The ad valorem versus unit taxes debate has traditionally emphasized tax yield. For this criterion, ad valorem taxes outperform unit taxes in terms of welfare for a wide range of imperfect competition settings, including Dixit-Stiglitz monopolistic ...
Philipp J. H. Schröder, Susanne Dröge
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Taxation and the Sustainability of Collusion: Ad Valorem versus Specific Taxes [PDF]
Assuming constant marginal cost, it is shown that a switch from specific to ad valorem taxation has no effect on the critical discount factor required to sustain collusion.
Azacis, Helmuts, Collie, David R.
core
Proposition 13 and the California Fiscal Shell Game [PDF]
We study the effects of California’s tax and expenditure limitations, especially Proposition 13. We find that Proposition 13 was indeed effective at reducing both ad valorem property taxes per capita and total state and local taxes per capita, at least in
McCubbins, Colin H. +1 more
core +3 more sources
The Efficiency of Indirect Taxes under Imperfect Competition [PDF]
This paper considers the relative efficiency of ad valorem and unit taxes in imperfectly competitive markets. We provide a simple proof that ad valorem taxes are welfare-superior to unit taxes in the short run when production costs are identical across ...
Andre de Palma +2 more
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Commodity Tax Structure under Uncertainty in a Perfectly Competitive Market [PDF]
In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on output for a specific (unit) tax can enhance welfare in imperfectly competitive markets and is without impact in a competitive world ...
Laszlo Goerke
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