Measuring the welfare costs of EU accession

Stephen Pudney, Nikolay Markov and Robert Ackrill

The Economics of Transition, 2001, vol. 9, issue 2, 281-314

Abstract: We analyze possible reforms to the Bulgarian VAT system, evaluating revenue‐neutral reallocations of goods to tax bands within the existing 2‐rate structure. We investigate the sensitivity of the results to behavioural response and imperfect tax recovery. We find only a weak case for the use of non‐uniform VAT rate structures for redistributional purposes. Selective VAT exemptions can produce approximate welfare gains equivalent to a general price fall of much less than 1 per cent for plausible specifications of social welfare. JEL classification: D31, J31, P24.

Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:bla:etrans:v:9:y:2001:i:2:p:281-314

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