The Signaling Effect of Gasoline Taxes and Its Distributional Implications - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Signaling Effect of Gasoline Taxes and Its Distributional Implications write by Silvia Tiezzi. This book was released on 2017. The Signaling Effect of Gasoline Taxes and Its Distributional Implications available in PDF, EPUB and Kindle. This paper proposes and tests a better defined interpretation of the different responses of gasoline demand to tax changes and to market-related price changes. Namely, the signaling effect of gasoline taxes is one that impacts on long-run consumer decisions in addition to the incentives provided by tax-inclusive gasoline prices. Our hypothesis is tested using a complete demand system augmented with information on gasoline taxes and fitted to household-level data from the 2006 to 2013 rounds of the US Consumer Expenditure survey. Information on gasoline taxes is found to be a significant determinant of household demand additional to tax-inclusive gasoline prices. The equity implications are examined by contrasting the incidence across income distribution of a simulated $0.22/gallon tax increase to that of a market-related price increase equal in size. The tax increase is clearly regressive, slightly more than the market-related price increase. However, regressivity is by no means a reason to give up gasoline taxes as an instrument for reducing gasoline consumption externalities. Their high effectiveness in reducing gasoline demand implies that small tax increases can substantially improve the environment while minimizing the related distributional effects. Also, gasoline taxes generate revenue that can be used to offset their regressivity.
Fuel Taxes and the Poor
Fuel Taxes and the Poor - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Fuel Taxes and the Poor write by Thomas Sterner. This book was released on 2012-03-29. Fuel Taxes and the Poor available in PDF, EPUB and Kindle. Fuel Taxes and the Poor challenges the conventional wisdom that gasoline taxation, an important and much-debated instrument of climate policy, has a disproportionately detrimental effect on poor people. Increased fuel taxes carry the potential to mitigate carbon emissions, reduce congestion, and improve local urban environment. As such, higher gasoline taxes could prove to be a fundamental part of any climate action plan. However, they have been resisted by powerful lobbies that have persuaded people that increased fuel taxation would be regressive. Reporting on examples of over two dozen countries, this book sets out to empirically investigate this claim. The authors conclude that while there may be some slight regressivity in some high-income countries, as a general rule, fuel taxation is a progressive policy particularly in low income countries. Rich countries can correct for regressivity by cutting back on other taxes that adversely affect poor people, or by spending more money on services for the poor. Meanwhile, in low-income countries, poor people spend a very small share of their money on fuel for transport. Some costs from fuel taxes may be passed on to poor people through more expensive public transportation and food transport. Nevertheless, in general the authors find that gasoline taxes become more progressive as the income of the country in question decreases. This book provides strong arguments for the proponents of environmental taxation. It has immediate policy implications at the intersection of multiple subject areas, including transportation, environmental regulation, development studies, and climate change. Published with Environment for Development initiative.
Distributional and Efficiency Impacts of Increased US Gasoline Taxes
Distributional and Efficiency Impacts of Increased US Gasoline Taxes - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Distributional and Efficiency Impacts of Increased US Gasoline Taxes write by Lawrence H. Goulder. This book was released on 2007. Distributional and Efficiency Impacts of Increased US Gasoline Taxes available in PDF, EPUB and Kindle.
Estimates from a Consumer Demand System
Estimates from a Consumer Demand System - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Estimates from a Consumer Demand System write by . This book was released on 2000. Estimates from a Consumer Demand System available in PDF, EPUB and Kindle. Abstract: Most studies suggest that environmental taxes are regressive, and thus are unattractive policy options. We consider the distributional effects of a gasoline tax increase using three welfare measures and under three scenarios for gas tax revenue use. To incorporate behavioral responses we use Consumer Expenditure Survey data to estimate a consumer demand system that includes gasoline, other goods, and leisure. We find that the gas tax is regressive, but that returning the revenue through a lump-sum transfer more than offsets this, yielding a net increase in progressivity. We also find that ignoring behavioral changes in distributional calculations overstates both the overall burden of the tax and its regressivity.
Distributional Implications of a Tax on Gasoline
Distributional Implications of a Tax on Gasoline - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Distributional Implications of a Tax on Gasoline write by Rand Corporation. This book was released on 1970. Distributional Implications of a Tax on Gasoline available in PDF, EPUB and Kindle.
