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| Arindam Das-Gupta |
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| ''With non-competitive firms, a turnover tax can dominate the VAT'' |
| ( 2005, Vol. 8 No.9 ) |
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| In an example with monopoly final and intermediate goods firms and substitutable primary and intermediate inputs, it is shown that there exist turnover taxes that yield more revenue than any feasible value-added tax. Second, simultaneously higher welfare, revenue and output are possible with the turnover tax. |
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| Keywords: |
JEL: H2 - Taxation, Subsidies, and Revenue: General
D4 - Market Structure and Pricing: General |
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| Manuscript Received : Sep 08 2005 | | Manuscript Accepted : Sep 13 2005 |
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