Lecture note Public finance (10th Edition) - Chapter 14: Taxation and income distribution
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Chapter 14 summary: Who bears the burden of a tax? It depends on price changes, which, in turn, depend on: Time frame, disposition of tax revenue, market structure, elasticities of supply and demand, mobility of factors of production, tax salience; partial equilibrium incidence and general equilibrium incidence analyses are used to determine burdens of unit and ad-valorem taxes.
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Lecture note Public finance (10th Edition) - Chapter 14: Taxation and income distribution
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Lecture note Public finance (10th Edition) - Chapter 14: Taxation and income distribution
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