Optimal Sin Taxation and Market Power (Record no. 134574)

MARC details
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fixed length control field 01400nas a2200229Ia 4500
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022 ## - INTERNATIONAL STANDARD SERIAL NUMBER
International Standard Serial Number 1945-7782
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name O'Connell, Martin
9 (RLIN) 123699
245 #0 - TITLE STATEMENT
Title Optimal Sin Taxation and Market Power
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. American Economic Journal: Applied Economics
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2024
300 ## - PHYSICAL DESCRIPTION
Extent 34-70
520 ## - SUMMARY, ETC.
Abstract We study how market power impacts the efficiency and redistributive properties of sin taxation, with an empirical application to sugar-sweetened beverage taxation. We estimate an equilibrium model of the UK drinks market, which we embed in a tax design framework to solve for optimal sugar-sweetened beverage tax policy. Positive price-cost margins for drinks create inefficiencies that lower the optimal rate compared with a perfectly competitive setting. Since profits mainly accrue to the rich, this is partially mitigated under social preferences for equity. Overall, ignoring market power when setting tax policy leads to welfare gains 40 percent below those at the optimum.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Beverages
9 (RLIN) 123700
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Cosmetics
9 (RLIN) 123701
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Optimal Taxation, Redistributive Effects
9 (RLIN) 123702
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Taxation and Subsidies
9 (RLIN) 121920
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Tobacco
9 (RLIN) 17170
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Environmental Taxes
9 (RLIN) 83261
700 ## - ADDED ENTRY--PERSONAL NAME
Personal name Smith, Kate
9 (RLIN) 123703
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier <a href="https://www.aeaweb.org/articles?id=10.1257/app.20220407">https://www.aeaweb.org/articles?id=10.1257/app.20220407</a>
999 ## - SYSTEM CONTROL NUMBERS (KOHA)
Koha biblionumber 134574
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Withdrawn status Lost status Damaged status Not for loan Home library Current library Date acquired Serial Enumeration / chronology Total Checkouts Barcode Date last seen Price effective from Koha item type
        Dr VKRV Rao Library Dr VKRV Rao Library 28/11/2024 Vol. 16, No. 4   AI832 28/11/2024 28/11/2024 Article Index