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Commodity Tax Harmonization in the European Community : A General Equilibrium Analysis of Tax Policy Options in the Internal Market :  A General Equilibrium Analysis of Tax Policy Options in the Internal Market - Andreas Haufler

Commodity Tax Harmonization in the European Community : A General Equilibrium Analysis of Tax Policy Options in the Internal Market

A General Equilibrium Analysis of Tax Policy Options in the Internal Market

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Published: 1993
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The book is concerned with the main issues that arise forgeneral commodity taxation in the internal market: thechoice of a new international tax principle and the questionof tax rate harmonization. The book provides a thoroughdiscussion of these issues and evaluates the choices made bythe European Community from a welfare-theoretic perspectiveby comparing them to feasible alternatives. The discussion integrates a large number of recenttheoretical and policy-oriented contributions which have sofar not been collected and summarized in a single volume. Special features of the book are that (a) the analysiscombines elements of international trade theory and publicfinance, two economic disciplines which are rarelyintegrated; (b) a dual general equilibrium framework is usedthroughout the analysis, (c) a second-best setting isconsistently employed, incorporating relevant policyconstraints and integrating conflicting arguments in asingle analytical framework, (d) part of the theoreticalanalysis is supplemented by a computable general equilibriumapproach. The book shows that well-known international trademodelscan be extended to model alternative principles for taxinginternational trade but also international differences inpreferences for public goods and different views ofgovernment behavior - issues which are directly relevant forthe discussion of tax rateharmonization but are rarelytreated in an analytical way.

Introductionp. 1
The Policy Settingp. 7
Basic Concepts of International Taxationp. 7
The Harmonization Process in the ECp. 11
Feasible International Tax Principlesp. 21
Theoretical Aspectsp. 29
Introduction: Domestic Taxes and Foreign Tradep. 29
Trade Distortions vs. Domestic Efficiencyp. 32
Fiscal vs. Political Externalitiesp. 35
Optimal Taxation vs. Tax Reform Analysisp. 41
Application to EC Policy Issuesp. 43
A Dual General Equilibrium Frameworkp. 47
The Trade Model and its Assumptionsp. 47
Dual Functions and their Propertiesp. 49
Introducing General Commodity Taxesp. 53
General Tax Principlesp. 56
Restricted Destination Principlep. 59
The Two-Country Modelp. 59
Tax Reform and Terms of Trade Changesp. 63
Introducing Changes in the Tax Basep. 68
Global Welfare Effects of Tax Reformp. 73
Restricted Origin Principlep. 77
The Three-Country Modelp. 77
Tax Reform in the Small-Union Casep. 82
Tax Reform with Endogenous World Pricesp. 90
Supplement: Trade Deflectionp. 102
Summary: The Limitations of Theoretical Analysisp. 104
Alternative Tax Principles: A Numerical Comparisonp. 107
The Empirical Modelp. 109
The Data Basep. 111
Simulation Results for Homogeneous Goodsp. 119
Extending the Model: Differentiated Goodsp. 133
A Second-Best Tax Principle for the ECp. 144
Tax Rate Harmonizationp. 147
Public Goods in the Dual Frameworkp. 148
Heterogeneous Preferences for Public Goodsp. 151
Tax Competition and Public Good Supplyp. 160
Optimal Tax Rate Harmonization in the ECp. 175
Summary and Outlookp. 179
Summary: Evaluating the Policy Choicesp. 179
Outlook: International Capital Movementsp. 185
Appendix A: Derivation of Selected Equationsp. 189
Appendix B: MPS/GE Simulation Resultsp. 195
Appendix C: List of Symbols Usedp. 201
Bibliographyp. 203
Table of Contents provided by Blackwell. All Rights Reserved.

ISBN: 9783790807141
ISBN-10: 3790807141
Series: Contemporary Theatre Studies,
Audience: General
Format: Paperback
Language: English
Number Of Pages: 216
Published: 1993
Publisher: SPRINGER VERLAG GMBH
Country of Publication: DE
Dimensions (cm): 23.39 x 15.6  x 1.25
Weight (kg): 0.33