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The Distribution of Tax Burdens
The Distribution of Tax Burdens brings together for the first time the most important published papers on tax incidence written in the past 50 years. The editors, two leading scholars in public finance, have written an authoritative introduction which provides a concise and thorough summary of the key developments in the field during this time.
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Contributors
Contents
More Information
The Distribution of Tax Burdens brings together for the first time the most important published papers on tax incidence written in the past 50 years. The editors, two leading scholars in public finance, have written an authoritative introduction which provides a concise and thorough summary of the key developments in the field during this time.
This comprehensive volume presents seminal writings covering the distributional impact of taxes in partial and general equilibrium models as well as in imperfectly competitive settings. The editors have also included significant recent contributions on tax incidence in dynamic settings including the important emerging literature on lifetime tax incidence. The articles have been arranged to allow the reader to understand the context and historical development of the field.
This volume will be invaluable to graduate students and all scholars interested in the distribution of taxes in modern economies.
This comprehensive volume presents seminal writings covering the distributional impact of taxes in partial and general equilibrium models as well as in imperfectly competitive settings. The editors have also included significant recent contributions on tax incidence in dynamic settings including the important emerging literature on lifetime tax incidence. The articles have been arranged to allow the reader to understand the context and historical development of the field.
This volume will be invaluable to graduate students and all scholars interested in the distribution of taxes in modern economies.
Contributors
32 articles, dating from 1962 to 2001
Contributors include: A.J. Auerbach, M. Feldstein, A.C. Harberger, M.J. Keen, R.A. Musgrave, J.M. Poterba, J.B. Shoven, N. Stern, L.H. Summers, J. Whalley
Contributors include: A.J. Auerbach, M. Feldstein, A.C. Harberger, M.J. Keen, R.A. Musgrave, J.M. Poterba, J.B. Shoven, N. Stern, L.H. Summers, J. Whalley
Contents
Contents:
Acknowledgements
Introduction Don Fullerton and Gilbert E. Metcalf
PART I EARLY INCIDENCE THEORY AND CALCULATIONS
1. Arnold C. Harberger (1962), ‘The Incidence of the Corporation Income Tax’
2. Charles E. McLure, Jr. (1974), ‘A Diagrammatic Exposition of the Harberger Model with One Immobile Factor’
3. Joseph A. Pechman and Benjamin A. Okner (1974), ‘Introduction and Summary‘
4. Richard A. Musgrave, Karl E. Case and Herman Leonard (1974), ‘The Distribution of Fiscal Burdens and Benefits’
5. Edgar K. Browning (1985), ‘Tax Incidence, Indirect Taxes, and Transfers’
PART II GENERAL EQUILIBRIUM ANALYSIS
6. Charles E. McLure, Jr. and Wayne R. Thirsk (1975), ‘A Simplified Exposition of the Harberger Model I: Tax Incidence’
7. Adolf L. Vandendorpe and Ann F. Friedlaender (1976), ‘Differential Incidence in the Presence of Initial Distorting Taxes’
8. Martin Feldstein (1977), ‘The Surprising Incidence of a Tax on Pure Rent: A New Answer to an Old Question’
9. David F. Bradford (1978), ‘Factor Prices May Be Constant But Factor Returns Are Not’
10. John B. Shoven (1976), ‘The Incidence and Efficiency Effects of Taxes on Income from Capital’
11. Shantayanan Devarajan, Don Fullerton and Richard A. Musgrave (1980), ‘Estimating the Distribution of Tax Burdens: A Comparison of Different Approaches’
PART III INCIDENCE WITH IMPERFECT COMPETITION
12. Robert L. Bishop (1968), ‘The Effects of Specific and Ad Valorem Taxes’
13. J.A. Kay and M.J. Keen (1983), ‘How Should Commodities Be Taxed? Market Structure, Product Heterogeneity and the Optimal Structure of Commodity Taxes’
14. Michael L. Katz and Harvey S. Rosen (1985), ‘Tax Analysis in an Oligopoly Model’
15. Nicholas Stern (1987), ‘The Effects of Taxation, Price Control and Government Contracts in Oligopoly and Monopolistic Competition’
16. Sofia Delipalla and Michael Keen (1992), ‘The Comparison between Ad Valorem and Specific Taxation under Imperfect Competition’
PART IV PROPERTY TAXATION
17. Peter Mieszkowski (1972), ‘The Property Tax: An Excise Tax or a Profits Tax?’
18. Richard A. Musgrave (1974), ‘Is a Property Tax on Housing Regressive?’
19. Henry Aaron (1974), ‘A New View of Property Tax Incidence’
20. Bruce W. Hamilton (1976), ‘Capitalization of Intrajurisdictional Differences in Local Tax Prices’
21. Wallace E. Oates (1969), ‘The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis’
PART V INCIDENCE IN DYNAMIC MODELS
22. Martin Feldstein (1974), ‘Incidence of a Capital Income Tax in a Growing Economy with Variable Savings Rates’
23. B. Douglas Bernheim (1981), ‘A Note on Dynamic Tax Incidence’
24. Lawrence H. Summers (1981), ‘Capital Taxation and Accumulation in a Life Cycle Growth Model’
25. Alan J. Auerbach, Laurence J. Kotlikoff and Jonathan Skinner (1983), ‘The Efficiency Gains from Dynamic Tax Reform’
26. Kenneth L. Judd (1985), ‘Redistributive Taxation in a Simple Perfect Foresight Model’
27. Lawrence H. Summers (1985), ‘The Asset Price Approach to the Analysis of Capital Income Taxation’
PART VI LIFETIME INCIDENCE
28. James Davies, France St-Hilaire and John Whalley (1984), ‘Some Calculations of Lifetime Tax Incidence’
29. James M. Poterba (1989), ‘Lifetime Incidence and the Distributional Burden of Excise Taxes’
30. Don Fullerton and Diane Lim Rogers (1991), ‘Lifetime Versus Annual Perspectives on Tax Incidence’
31. Erik Caspersen and Gilbert Metcalf (1994), ‘Is a Value Added Tax Regressive? Annual Versus Lifetime Incidence Measures’
32. David Altig, Alan J. Auerbach, Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser (2001), ‘Simulating Fundamental Tax Reform in the United States’
Name Index
Acknowledgements
Introduction Don Fullerton and Gilbert E. Metcalf
PART I EARLY INCIDENCE THEORY AND CALCULATIONS
1. Arnold C. Harberger (1962), ‘The Incidence of the Corporation Income Tax’
2. Charles E. McLure, Jr. (1974), ‘A Diagrammatic Exposition of the Harberger Model with One Immobile Factor’
3. Joseph A. Pechman and Benjamin A. Okner (1974), ‘Introduction and Summary‘
4. Richard A. Musgrave, Karl E. Case and Herman Leonard (1974), ‘The Distribution of Fiscal Burdens and Benefits’
5. Edgar K. Browning (1985), ‘Tax Incidence, Indirect Taxes, and Transfers’
PART II GENERAL EQUILIBRIUM ANALYSIS
6. Charles E. McLure, Jr. and Wayne R. Thirsk (1975), ‘A Simplified Exposition of the Harberger Model I: Tax Incidence’
7. Adolf L. Vandendorpe and Ann F. Friedlaender (1976), ‘Differential Incidence in the Presence of Initial Distorting Taxes’
8. Martin Feldstein (1977), ‘The Surprising Incidence of a Tax on Pure Rent: A New Answer to an Old Question’
9. David F. Bradford (1978), ‘Factor Prices May Be Constant But Factor Returns Are Not’
10. John B. Shoven (1976), ‘The Incidence and Efficiency Effects of Taxes on Income from Capital’
11. Shantayanan Devarajan, Don Fullerton and Richard A. Musgrave (1980), ‘Estimating the Distribution of Tax Burdens: A Comparison of Different Approaches’
PART III INCIDENCE WITH IMPERFECT COMPETITION
12. Robert L. Bishop (1968), ‘The Effects of Specific and Ad Valorem Taxes’
13. J.A. Kay and M.J. Keen (1983), ‘How Should Commodities Be Taxed? Market Structure, Product Heterogeneity and the Optimal Structure of Commodity Taxes’
14. Michael L. Katz and Harvey S. Rosen (1985), ‘Tax Analysis in an Oligopoly Model’
15. Nicholas Stern (1987), ‘The Effects of Taxation, Price Control and Government Contracts in Oligopoly and Monopolistic Competition’
16. Sofia Delipalla and Michael Keen (1992), ‘The Comparison between Ad Valorem and Specific Taxation under Imperfect Competition’
PART IV PROPERTY TAXATION
17. Peter Mieszkowski (1972), ‘The Property Tax: An Excise Tax or a Profits Tax?’
18. Richard A. Musgrave (1974), ‘Is a Property Tax on Housing Regressive?’
19. Henry Aaron (1974), ‘A New View of Property Tax Incidence’
20. Bruce W. Hamilton (1976), ‘Capitalization of Intrajurisdictional Differences in Local Tax Prices’
21. Wallace E. Oates (1969), ‘The Effects of Property Taxes and Local Public Spending on Property Values: An Empirical Study of Tax Capitalization and the Tiebout Hypothesis’
PART V INCIDENCE IN DYNAMIC MODELS
22. Martin Feldstein (1974), ‘Incidence of a Capital Income Tax in a Growing Economy with Variable Savings Rates’
23. B. Douglas Bernheim (1981), ‘A Note on Dynamic Tax Incidence’
24. Lawrence H. Summers (1981), ‘Capital Taxation and Accumulation in a Life Cycle Growth Model’
25. Alan J. Auerbach, Laurence J. Kotlikoff and Jonathan Skinner (1983), ‘The Efficiency Gains from Dynamic Tax Reform’
26. Kenneth L. Judd (1985), ‘Redistributive Taxation in a Simple Perfect Foresight Model’
27. Lawrence H. Summers (1985), ‘The Asset Price Approach to the Analysis of Capital Income Taxation’
PART VI LIFETIME INCIDENCE
28. James Davies, France St-Hilaire and John Whalley (1984), ‘Some Calculations of Lifetime Tax Incidence’
29. James M. Poterba (1989), ‘Lifetime Incidence and the Distributional Burden of Excise Taxes’
30. Don Fullerton and Diane Lim Rogers (1991), ‘Lifetime Versus Annual Perspectives on Tax Incidence’
31. Erik Caspersen and Gilbert Metcalf (1994), ‘Is a Value Added Tax Regressive? Annual Versus Lifetime Incidence Measures’
32. David Altig, Alan J. Auerbach, Laurence J. Kotlikoff, Kent A. Smetters and Jan Walliser (2001), ‘Simulating Fundamental Tax Reform in the United States’
Name Index
