کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
969305 1479468 2011 11 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Fuel tax incidence and supply conditions
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Fuel tax incidence and supply conditions
چکیده انگلیسی

The incidence of taxes on consumers and producers plays a central role in evaluating energy tax policy, yet the literature testing the main predictions of the tax incidence model is sparse. In this paper, we examine the pass-through rate of state gasoline and diesel taxes to retail prices, and importantly we estimate the dependence of pass-through on factors constraining the gasoline and diesel supply chains. We consider several factors that alter the elasticity of supply, including within state heterogeneity in gasoline content requirements, refinery capacity utilization, inventory constraints, and variation in the demand for untaxed uses of diesel. In general, we find that in periods of time when the supply chain is constrained, and the constraint is plausibly unrelated to shifts in demand, the pass-through rate of fuel taxes declines. We describe several potential implications for tax policy, including tax breaks during peak driving season and during times of supply disruptions such as after major hurricanes.

Research highlights
► The dependence of tax pass-through on factors constraining the fuel supply chain is estimated.
► We consider content regulations, capacity and inventory constraints, and untaxed diesel demand.
► Constrains exogenous to demand reduce the pass-through rate of fuel taxes.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Public Economics - Volume 95, Issues 9–10, October 2011, Pages 1202–1212
نویسندگان
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