| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14945 |
| DP14945 Informality, Consumption Taxes and Redistribution | |
| Lucie Gadenne; Anders Jensen; Pierre Bachas | |
| 发表日期 | 2020-06-25 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Can consumption taxes reduce inequality in developing countries? We combine household expenditure data from 31 countries with theory to shed new light on the redistributive potential and optimal design of consumption taxes. We use the type of store in which purchases occur to proxy for informal (untaxed) consumption. This enables us to characterize the informality Engel curve: we find that the budget share spent in the informal sector steeply declines with income, in all countries. The informal sector thus makes consumption taxes progressive: households in the richest quintile face an effective tax rate that is twice that of the poorest quintile. We extend the standard optimal commodity tax model to allow for informal consumption and calibrate it to the data to study the effects of different tax policies on inequality. Contrary to consensus, we show that consumption taxes are redistributive, lowering inequality by as much as personal income taxes. Once informality is taken into account, commonly used redistributive policies, such as reduced tax rates on necessities, have a limited impact on inequality. In particular, subsidizing food cannot be justified on equity or efficiency grounds in several poor countries. |
| 主题 | Development Economics ; Public Economics |
| 关键词 | Household budget surveys Inequality Informality Redistribution Taxes |
| URL | https://cepr.org/publications/dp14945 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/543890 |
| 推荐引用方式 GB/T 7714 | Lucie Gadenne,Anders Jensen,Pierre Bachas. DP14945 Informality, Consumption Taxes and Redistribution. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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