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Type: Journal Articles Authors: Juan Prieto-Rodriguez, Desiderio Romero-Jordán and José Felix Sanz-Sanz ISSN: Print: 0143-5671 Online: 1475-5890
Published in: Fiscal Studies, Vol. 26, No. 4, December 2005
Volume, issue, pages: Vol. 26, No. 4, pp. 549575
JEL classification: D12, H23, H31, Z10
Proposals for tax cuts on cultural goods represent an ongoing debate in cultural policy. The main aim of this paper is to shed some light on this debate using microsimulation tools. First, we have estimated an Almost Ideal Demand System for 19 different groups of goods, including cultural goods. Expenditure and price elasticities have been obtained from this model. Using this information, three alternative cuts in the VAT rate on cultural goods have been microsimulated and evaluated in terms of revenue and welfare. These types of fiscal reforms will lead to welfare and efficiency gains that can be described as regressive. Search |
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