| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w23849 |
| 来源ID | Working Paper 23849 |
| What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes | |
| Youssef Benzarti; Dorian Carloni; Jarkko Harju; Tuomas Kosonen | |
| 发表日期 | 2017-09-25 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper shows that prices respond more to increases than to decreases in Value-Added Taxes (VATs). First, using two plausibly exogenous VAT changes, we show that prices respond twice as much to VAT increases than to VAT decreases. Second, we show that this asymmetry results in higher equilibrium profits and markups. Third, we find that firms operating with low profit margins are more likely to respond asymmetrically to the VAT changes than firms operating with high profit margins. Fourth, this asymmetry persists several years after the VAT changes take place. Fifth, using all VAT changes in the European Union from 1996 to 2015, we find similar levels of asymmetry. |
| 主题 | Public Economics ; Taxation |
| URL | https://www.nber.org/papers/w23849 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581522 |
| 推荐引用方式 GB/T 7714 | Youssef Benzarti,Dorian Carloni,Jarkko Harju,et al. What Goes Up May Not Come Down: Asymmetric Incidence of Value-Added Taxes. 2017. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w23849.pdf（1942KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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