The Measurement of Excess Burden with Explicit Utility Functions
Journal of Political Economy
1978
The excess burden of a tax is the diminution of utility above that which would have occurred had the tax been collected as a lump sum. Usually, excess burden is measured by a method which relies on a second-order approximation to an arbitrary utility function. In this paper, excess burdens are computed using explicit utility functions and the results compared with those obtained from the second-order approximation.
- DOI
- 10.1086/260697
- Volume
- 86 (2, Part 2)
- Pages
- S121-S135
- Language
- en
- Export
- BibTeX
- Sources
- openalex crossref