Demonstrating the Equivalence between Two Methods of Measuring Excess Burden

Gregory A. Trandel

The Journal of Economic Education, 2003, vol. 34, issue 1, 54-59

Abstract: Excess burden is a key concept in the field of public economics, and the authors of most public finance textbooks describe more than one way to measure it. Excess burden can, for example, be viewed as the area of a triangle underneath a demand curve or as the value of a mathematical formula. To emphasize that these approaches measure the same concept, an instructor can show that changing any relevant variable has the same effect on excess burden in both representations. In so doing, instructors must take particular care when drawing the demand curves associated with changes in price and quantity.

Date: 2003
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/00220480309595200 (text/html)
Access to full text is restricted to subscribers.

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:taf:jeduce:v:34:y:2003:i:1:p:54-59

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/VECE20

DOI: 10.1080/00220480309595200

Access Statistics for this article

The Journal of Economic Education is currently edited by William Walstad

More articles in The Journal of Economic Education from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().