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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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Citations: View citations in EconPapers (7)

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DOI: 10.3200/JECE.35.2.184-196

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