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dc.contributor.authorKarakosta, Ourania
dc.contributor.authorKotsogiannis, Christos
dc.contributor.authorLopez-Garcia, Miguel-Angel
dc.date.accessioned2015-07-13T13:57:57Z
dc.date.issued2014-02
dc.description.abstractThis paper identifies conditions under which, starting from any tax-distorting equilibrium, destination- and origin-based indirect tax-harmonizing reforms are potentially Pareto improving in the presence of global public goods. The first condition (unrequited transfers between governments) requires that transfers are designed in such a way that the marginal valuations of the global public goods are equalized, whereas the second (conditional revenue changes) requires that the change in global tax revenues, as a consequence of tax harmonization, is consistent with the under/over-provision of global public goods relative to the (modified) Samuelson rule. Under these conditions, tax harmonization results in redistributing the gains from a reduction in global deadweight loss and any changes in global tax revenues according to the Pareto principle. And this is the case independently of the tax principle in place (destination or origin). © 2012 Springer Science+Business Media, LLC.en_GB
dc.identifier.citationFebruary 2014, Volume 21, Issue 1, pp 29-49en_GB
dc.identifier.doi10.1007/s10797-012-9246-8
dc.identifier.urihttp://hdl.handle.net/10871/17887
dc.language.isoenen_GB
dc.publisherSpringeren_GB
dc.relation.urlhttp://link.springer.com/journal/10797en_GB
dc.subjectDestination principleen_GB
dc.subjectGlobal/local public goodsen_GB
dc.subjectIndirect tax harmonizationen_GB
dc.subjectOrigin principleen_GB
dc.subjectReform of commodity taxesen_GB
dc.titleIndirect tax harmonization and global public goodsen_GB
dc.typeArticleen_GB
dc.date.available2015-07-13T13:57:57Z
dc.identifier.issn0927-5940
dc.descriptionJournal Articleen_GB
dc.description“The final publication is available at Springer via http://dx.doi.org/10.1007/s10797-012-9246-8”.en_GB
dc.identifier.eissn1573-6970
dc.identifier.journalInternational Tax and Public Financeen_GB


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