Following very clear recommendations of the National Advisory Committee on Immunization, the Canadian government has earmarked $300 million for purchasing human papillomavirus (HPV) vaccine. I am in almost complete agreement with this decision. I might be seen as biased, as I was an investigator for the quadrivalent vaccine, but I am more biased owing to the fact that I have performed thousands...

the regressive nature of consumption taxes poses a challenge to partisan theory. using data for up to 20 oecd countries in the period 1970-2003 this article aims to explore the question of whether the idea that social democratic governments typically have to compromise on policy goals and core constituency interests to make themselves more appealing to the median voter necessitates the use of r...

Economic theory states that on market with imperfect competition, per unit consumption taxes should induce a larger increase of prices than ad valorem consumption taxes. It implies that consumers bear a larger share of the tax burden for per unit consumption taxes than for ad valorem consumption taxes. The present paper aims at testing empirically this theoretical result. It uses the French mar...

We contribute to the finance-growth nexus literature by showing that credit origin, bank ownership, type of credit, and matter in economic growth. use a unique dataset covering 5555 cities Brazil, with granular information on characteristics. find non-earmarked corporate sector is associated municipal growth more strongly than earmarked despite increase relevance latter after global financial c...

Many states in the US impose taxes on hazardous waste. This paper conducts an empirical evaluation of the determinants of these taxes and reviews earlier research on their effects on hazardous waste. Earlier studies have shown that the taxes affect waste management, but my results and other evidence suggest that the tax-induced changes may not have improved welfare. Taxes on industrial hazardou...

We find a limited parallel between lump-sum taxes and environmental taxes. Corollary 2, which extends Sandmo’s observation, shows that appropriated corrective revenues have the same non-distortionary effects as lump-sum taxes, the result reducing to the original observation when the appropriated corrective revenues meet the revenue need and achieve first-best efficiency with other taxes set at ...

Taxes are usually called distortionary if they are not lump-sum (Ballard and Fullerton 1992). It is well known that if distortionary taxes are introduced in a formerly Pareto efficient perfectly competitive economy they induce an excess burden on the economy. But suppose, the economy is subject to pollution that renders the competitive allocation inefficient in the absence of any taxes. Then it...

This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes...