000 01809nab a2200301 c 4500
003 ES-MaIEF
005 20180521133222.0
007 t|
008 180521s2018 us ||||| |||| 00| 0|eng d
040 _aES-MaIEF
_bspa
_cES-MaIEF
041 _aeng
100 1 _919615
_aGriffith, Rachel
245 0 _aIncome effects and the welfare consequences of tax in differentiated product oligopoly
_c Rachel Griffith, Lars Nesheim, Martin O'Connell
260 _c2018
500 _aDisponible en formato electrónico a través de la Biblioteca del IEF.
500 _aResumen.
504 _aBibliografía.
520 _aRandom utility models are widely used to study consumer choice. The vast majority of applications assume utility is linear in consumption of the outside good, which imposes that total expenditure on the subset of goods of interest does not affect demand for inside goods and restricts demand curvature and pass-through. We show that relaxing these restrictions can be important, particularly if one is interested in the distributional effects of a policy change, even in a market for a small budget share product category.We consider the use of tax policy to lower fat consumption and show that a specific (per unit) tax results in larger reductions than an ad valoremtax, but at a greater cost to consumers.
650 4 _947868
_aOLIGOPOLIOS
650 4 _947460
_aIMPUESTOS
650 4 _950200
_aRENTA
650 4 _933421
_aBIENESTAR SOCIAL
700 1 _911224
_aNesheim, Lars
700 1 _962583
_aO'Connell, Martin
773 0 _9156284
_oOP 2132/2018/1
_tQuantitative economics : journal of the Econometric Society
_w(IEF)134784
_x 1759-7323 [print]
_g v. 9, n. 1, March, 2018, p. 305-341
856 _uhttps://onlinelibrary.wiley.com/doi/epdf/10.3982/QE583
942 _2udc
_cART
999 _c138067
_d138067