Production efficiency and profit taxation - HAL-SHS - Sciences de l'Homme et de la Société Accéder directement au contenu
Article Dans Une Revue Social Choice and Welfare Année : 2019

Production efficiency and profit taxation

Résumé

Consider a simple general equilibrium economy with one representative consumer, a single competitive firm and the government. Suppose that the government has to finance public expenditures using linear consumption taxes and/or a lump-sum tax on profits redistributed to the consumer. We show that, if the tax rate on profits cannot exceed 100 percent, one cannot improve upon the second-best optimum of an economy with constant returns to scale by using a less efficient profit-generating decreasing returns to scale technology.
Fichier non déposé

Dates et versions

halshs-01884350 , version 1 (30-09-2018)

Identifiants

Citer

Stéphane Gauthier, Guy Laroque. Production efficiency and profit taxation. Social Choice and Welfare, 2019, 52 (2), pp.215-223. ⟨10.1007/s00355-018-1144-2⟩. ⟨halshs-01884350⟩
130 Consultations
0 Téléchargements

Altmetric

Partager

Gmail Facebook X LinkedIn More