04697oam 22010934 450 991096732200332120250426110710.09786613829641978146231447814623144739781452770314145277031X9781283517195128351719197814519098451451909845(CKB)3360000000443890(EBL)3014358(SSID)ssj0000939935(PQKBManifestationID)11523027(PQKBTitleCode)TC0000939935(PQKBWorkID)10946027(PQKB)10545086(OCoLC)712989252(MiAaPQ)EBC3014358(IMF)WPIEE2006271(IMF)WPIEA2006271WPIEA2006271(EXLCZ)99336000000044389020020129d2006 uf 0engur|n|---|||||txtccrThe Size Distribution of Firms, Cournot, and Optimal Taxation /Mark Gersovitz1st ed.Washington, D.C. :International Monetary Fund,2006.1 online resource (28 p.)IMF Working Papers"December 2006".9781451865318 1451865317 Includes bibliographical references.""Contents""; ""I. INTRODUCTION""; ""II. ASYMMETRIC OLIGOPOLISTS IN AN UNTAXED ECONOMY""; ""III. ASYMMETRIC OLIGOPOLISTS AND THE SPECIFIC SALES TAX""; ""IV. ASYMMETRIC OLIGOPOLISTS AND THE AD VALOREM SALES TAX""; ""V. ASYMMETRIC OLIGOPOLISTS AND THE HYBRID PROFITS TAX""; ""VI. ASYMMETRIC OLIGOPOLISTS AND THE HYBRID PROFITS AND AD VALOREM TAXES""; ""VII. CONCLUSIONS""; ""REFERENCES""Tax laws and administrations often treat different size firms differently. There is, however, little research on the consequences. As modeled here, oligopolists with different efficiencies determine the size distribution of firms. A government that maximizes a weighted sum of consumer surplus, profits, and tax receipts can tax firms with different efficiencies differently and provides a reference point for other, more restricted differential tax systems. Taxes include a specific sales tax, an ad valorem sales tax, and a profits tax with imperfect deductibility of capital cost, and a combination of the last two. In general there is a pattern of tax rates by efficiency of firm. It is heavily dependent on the social valuation of tax receipts. Analytic and simulation results are provided. When both ad valorem taxes and the imperfect profits tax are combined, simulations suggest that the former rate is higher and the latter rate is lower for relatively inefficient firms.IMF Working Papers; Working Paper ;No. 2006/271TaxationIndustrial organization (Economic theory)CompetitionimfEfficiencyimfFinanceimfFinance: GeneralimfGeneral Financial Markets: General (includes Measurement and Data)imfIncome tax systemsimfIncome taximfLaw and legislationimfOptimal TaxationimfOptimal taxationimfPublic finance & taxationimfTax administration and procedureimfTax administration core functionsimfTax LawimfTax lawimfTaxation & duties lawimfTaxationimfTaxation, Subsidies, and Revenue: GeneralimfCameroonimfTaxation.Industrial organization (Economic theory)CompetitionEfficiencyFinanceFinance: GeneralGeneral Financial Markets: General (includes Measurement and Data)Income tax systemsIncome taxLaw and legislationOptimal TaxationOptimal taxationPublic finance & taxationTax administration and procedureTax administration core functionsTax LawTax lawTaxation & duties lawTaxationTaxation, Subsidies, and Revenue: GeneralGersovitz Mark128643DcWaIMFBOOK9910967322003321The Size Distribution of Firms, Cournot, and Optimal Taxation4371319UNINA