No spurious welfare gains from taxation: A further argument for the equivalent variation

Research output: Contribution to journal › Article › Research › peer review

Authors

  • Julio R. Robledo
  • Andreas Wagener

Research Organisations

External Research Organisations

  • University of Vienna
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Details

Original languageEnglish
Pages (from-to)325-330
Number of pages6
JournalEconomics letters
Volume96
Issue number3
Early online date16 May 2007
Publication statusPublished - Sept 2007

Abstract

Among all measures based on money metric compensation functions, solely the excess burden based on the equivalent variation always correctly identifies the excess burden of a specific tax to be positive. This provides a new argument for the use of the equivalent variation when measuring the welfare effects of a price change.

Keywords

    Equivalent variation, Excess burden, Welfare measures

ASJC Scopus subject areas

Cite this

No spurious welfare gains from taxation: A further argument for the equivalent variation. / Robledo, Julio R.; Wagener, Andreas.
In: Economics letters, Vol. 96, No. 3, 09.2007, p. 325-330.

Research output: Contribution to journal › Article › Research › peer review

Robledo JR, Wagener A. No spurious welfare gains from taxation: A further argument for the equivalent variation. Economics letters. 2007 Sept;96(3):325-330. Epub 2007 May 16. doi: 10.1016/j.econlet.2007.02.002
Robledo, Julio R. ; Wagener, Andreas. / No spurious welfare gains from taxation : A further argument for the equivalent variation. In: Economics letters. 2007 ; Vol. 96, No. 3. pp. 325-330.
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