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Record W2284063804

The Laffer Effect in a Product's Market in the Case of a Specific Tax

2015· article· en· W2284063804 on OpenAlexvenueno aff
Ahmet Özçam

Bibliographic record

VenueReview of Economics and Finance · 2015
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicFiscal Policy and Economic Growth
Canadian institutionsnot available
Fundersnot available
KeywordsLaffer curveEconomicsIndirect taxTax creditTax revenueMicroeconomicsAd valorem taxOptimal taxTax basisTax rateValue-added taxTax reformMonetary economicsMacroeconomicsState income taxPublic economicsGross income
DOInot available

Abstract

fetched live from OpenAlex

Traditionally, the Laffer effect has been discussed in context of macroeconomic endogenous growth models or in the situation of labor market whether a tax cut on wages would persuade people to work more and also increase income tax revenues of the government. In this paper, we are firstly interested in the Laffer effect in a single product¡¯s market rather than a general macroeconomic situation. Secondly, we provide a general formula mathematically in that particular commodity market for the optimal tax amount of the government in the case of a specific tax using non-linear demand and supply curves, which is the most possible extension. It turns out that the optimal tax amount depends on after-tax demand elasticity and not on before-tax elasticity as it is commonly assumed in the economics literature and also on after-tax demand price and on consumers¡¯ share of burden of tax. Some important novel concepts such as the proportional increase in equilibrium price relative to initial equilibrium price ... are defined and discussed. Finally, we believe that any government should consider the issues discussed in this paper before taking a fiscal step in a micro market!

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.002
metaresearch head score (Gemma)0.004
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: none
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.019
Threshold uncertainty score0.063

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0020.004
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0010.001
Bibliometrics0.0010.001
Science and technology studies0.0010.005
Scholarly communication0.0030.008
Open science0.0010.001
Research integrity0.0030.003
Insufficient payload (model declined to judge)0.0190.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.035
GPT teacher head0.231
Teacher spread0.196 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations1
Published2015
Admission routes1
Has abstractyes

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