An Economic Analysis of a Change in an Excise Tax
John Barron (),
Kelly Hunt Blanchard and
John R. Umbeck
The Journal of Economic Education, 2004, vol. 35, issue 2, 184-196
Abstract:
The authors present an example of the effect a change in the excise tax can have on retail gasoline prices. The findings provide support for standard economic theory, as well as provide a vehicle for illustrating some of the subtleties of the analysis, including the implicit assumptions regarding the implications for the buying and selling prices of middlemen.
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:taf:jeduce:v:35:y:2004:i:2:p:184-196
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DOI: 10.3200/JECE.35.2.184-196
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