Does Britain or The United States Have the Right Gasoline Tax

METRANS SeminarPresentation by Kenneth A. Small, Professor of Economics at UC IrvineTopic: Does Britain or The United States Have the Right Gasoline Tax?This paper develops an analytical framework for assessing the second-best optimal level of gasoline taxation, taking into account unpriced pollution, congestion, and accident externalities, and interactions with the broader fiscal system. We provide calculations of the optimal taxes for the US and the UK under a wide variety of parameter scenarios, with the gasoline tax substituting for a distorting tax on labor income.

Location: Ralph and Goldy Lewis Hall(RGL) 105

Audiences: Everyone Is Invited

Contact: Lauren B. Siniawer