Tax Efficiency in an Open Economy /

This note assesses the relative efficiency of different tax bases in an open economy. If terms of trade effects are large, lump-sum taxation may be inferior to distortionary consumption or wage taxes. This result is demonstrated analytically using a simple neoclassical model. An overlapping generati...

Täydet tiedot

Bibliografiset tiedot
Päätekijä: Pujol, Thierry
Muut tekijät: Perraudin, W.
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 1990.
Sarja:IMF Working Papers; Working Paper ; No. 1990/094
Linkit:Full text available on IMF
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245 1 0 |a Tax Efficiency in an Open Economy /  |c Thierry Pujol, W. Perraudin. 
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300 |a 1 online resource (14 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a This note assesses the relative efficiency of different tax bases in an open economy. If terms of trade effects are large, lump-sum taxation may be inferior to distortionary consumption or wage taxes. This result is demonstrated analytically using a simple neoclassical model. An overlapping generations, general equilibrium, simulation model is then employed to show the empirical significance of the effects involved. 
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700 1 |a Perraudin, W. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/094 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/094/001.1990.issue-094-en.xml  |z IMF e-Library