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dc.contributor.authorBelan, Pascal*
dc.contributor.authorCarbonnier, Clément*
dc.contributor.authorCarré, Martine*
dc.date.accessioned2015-05-13T14:31:06Z
dc.date.available2015-05-13T14:31:06Z
dc.date.issued2015
dc.identifier.urihttps://basepub.dauphine.fr/handle/123456789/15039
dc.language.isoenen
dc.subjectFiscal devaluationen
dc.subjectsocial VATen
dc.subjecttax reformen
dc.subjectinternational tradeen
dc.subject.ddc337en
dc.subject.classificationjelF.F1.F12en
dc.subject.classificationjelH.H2.H20en
dc.titleTax devaluation with endogenous marginsen
dc.typeDocument de travail / Working paper
dc.contributor.editoruniversityotherTHEMA, Université de Cergy-Pontoise;France
dc.description.abstractenSeveral European countries have recently envisaged to implement fiscal policies that constitute alternatives to monetary devaluation in the context of a monetary union. Social value-added tax is one of these alternatives: it consists to shift fiscal revenue from payroll tax to value-added tax, with the objective to address simultaneously competitiveness and employment problems. We analyze the consequence of such a policy in a model of international trade with heterogeneous firm à la Melitz. We depart from the CES case for taking account of the way changes in the tax rates may mo dify competition between producers, their margins, and the way these changes are refefected in prices. We first show that social VAT is neutral for zero trade balances. Then, in a two-country model, we show that, after the introduction of the social VAT, intensive and extensive margins increase in the net importing country regardless of the country that implements the policy. Both margins decrease in the net exporting country. Considering non-CES utility functions, the effects of social VAT are attenuated (amplified) if love for variety increases (decreases) with quantitiesen
dc.publisher.nameUniversité Paris Dauphineen
dc.publisher.cityParisen
dc.identifier.citationpages23en
dc.subject.ddclabelEconomie internationaleen
dc.description.submittednonen
dc.description.halcandidateoui
dc.description.readershiprecherche
dc.description.audienceInternational
hal.person.labIds408863*
hal.person.labIds408863*
hal.person.labIds255365*
hal.identifierhal-01515806*


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