The optimal export tax for a primary commodity in a vertical market
| العنوان: | The optimal export tax for a primary commodity in a vertical market |
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| المؤلفون: | Ying Lin, Henry W. Kinnucan |
| المصدر: | Agricultural Economics. 51:909-922 |
| بيانات النشر: | Wiley, 2020. |
| سنة النشر: | 2020 |
| مصطلحات موضوعية: | Price elasticity of demand, Economics and Econometrics, Partial equilibrium, Marketing channel, Economics, Deadweight loss, ComputingMilieux_LEGALASPECTSOFCOMPUTING, Vertical market, Monetary economics, Optimal tax, Understatement, Agronomy and Crop Science, Imperfect competition |
| الوصف: | The conventional formula for the optimal export tax (derived from a partial equilibrium model that ignores importers’ welfare) is extended to include the deadweight loss to the domestic economy associated with the tax. Applying the extended formula to the tax Russia imposes on its exports of logs, results suggest ignoring the marketing channel causes the optimal export tax for a primary commodity to be understated. The degree of understatement increases as the supply of logs and processing/marketing inputs become less price elastic, and as buyer and seller power in the downstream (lumber) industry increases. For plausible values of model parameters, however, the degree of understatement is modest, less than 19%. |
| تدمد: | 1574-0862 0169-5150 |
| DOI: | 10.1111/agec.12600 |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=doi_________::976b1daa5db26b213c5a8db204167b58 https://doi.org/10.1111/agec.12600 |
| Rights: | CLOSED |
| رقم الانضمام: | edsair.doi...........976b1daa5db26b213c5a8db204167b58 |
| قاعدة البيانات: | OpenAIRE |
| تدمد: | 15740862 01695150 |
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| DOI: | 10.1111/agec.12600 |