G2TT
来源类型Discussion paper
规范类型论文
来源IDDP11189
DP11189 The big trade-off between efficiency and equity - is it there?
Torben M Andersen; Jonas Maibom
发表日期2016-03-23
出版年2016
语种英语
摘要Widely quoted cross-country evidence finds income to be negatively associated with inequality, which suggests that there is no trade-off between efficiency and equity. Such inference presumes that countries are at the frontier in the efficiency-equity space. We refute this for most OECD countries, and find that the best-practice frontier displays a trade-off. In accordance with standard economic theory, a larger tax burden is associated with lower efficiency and more equity. Interestingly, there is no evidence that the trade-off has become steeper over the sample period 1980-2010. Country positions differ significantly with some being consistently at or close to the frontier, while others are well inside the opportunity set.
主题Labour Economics
关键词Efficiency Equity Trade-off
URLhttps://cepr.org/publications/dp11189
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/540006
推荐引用方式
GB/T 7714
Torben M Andersen,Jonas Maibom. DP11189 The big trade-off between efficiency and equity - is it there?. 2016.
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