G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w24124
来源IDWorking Paper 24124
One Markup to Rule Them All: Taxation by Liquor Pricing Regulation
Eugenio J. Miravete; Katja Seim; Jeff Thurk
发表日期2017-12-18
出版年2017
语种英语
摘要Government often chooses simple rules to regulate industry even when firms and consumers are heterogeneous. We evaluate the implications of this practice in the context of alcohol pricing where the regulator uses a single markup rule that does not vary across products. We estimate an equilibrium model of wholesale pricing and retail demand for horizontally differentiated spirits that allows for heterogeneity in consumer preferences based on observable demographics. We show that the single markup increases market power among upstream firms, particularly small firms whose portfolios are better positioned to take advantage of the policy. For consumers, the single markup acts as a progressive tax by overpricing products favored by the rich. It also decreases aggregate consumer welfare though 16.7% of consumers are better off under the policy. These consumers tend to be older, less wealthy or educated, and minorities. Simple policies therefore generate significant cross-subsidies and may be an effective tool for government to garner favor of key constituencies.
主题Microeconomics ; Market Structure and Distribution ; Welfare and Collective Choice ; Public Economics ; Taxation ; Industrial Organization ; Antitrust ; Industry Studies
URLhttps://www.nber.org/papers/w24124
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/581797
推荐引用方式
GB/T 7714
Eugenio J. Miravete,Katja Seim,Jeff Thurk. One Markup to Rule Them All: Taxation by Liquor Pricing Regulation. 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
w24124.pdf(4473KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Eugenio J. Miravete]的文章
[Katja Seim]的文章
[Jeff Thurk]的文章
百度学术
百度学术中相似的文章
[Eugenio J. Miravete]的文章
[Katja Seim]的文章
[Jeff Thurk]的文章
必应学术
必应学术中相似的文章
[Eugenio J. Miravete]的文章
[Katja Seim]的文章
[Jeff Thurk]的文章
相关权益政策
暂无数据
收藏/分享
文件名: w24124.pdf
格式: Adobe PDF
此文件暂不支持浏览

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。