Joint Products and a Positive Response to a Profit Tax

David Kreutzer and Dwight R. Lee

Public Finance Review, 1987, vol. 15, issue 1, 98-104

Abstract: It is shown that rather than having a neutral (in the short run) or negative (in the long run) effect on output, a profit tax can, with joint products, increase a profit-maximizing firm's output. As counterintuitive as this result appears initially, it is a straightforward implication of joint products.

Date: 1987
References: Add references at CitEc
Citations:

Downloads: (external link)
https://journals.sagepub.com/doi/10.1177/109114218701500106 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sae:pubfin:v:15:y:1987:i:1:p:98-104

DOI: 10.1177/109114218701500106

Access Statistics for this article

More articles in Public Finance Review
Bibliographic data for series maintained by SAGE Publications ().