Parametric and Nonparametric Approaches to Price and Tax Reform
| Autor: | Angus Deaton, Serena Ng |
|---|---|
| Přispěvatelé: | Université de Montréal. Faculté des arts et des sciences. Département de sciences économiques |
| Rok vydání: | 1998 |
| Předmět: |
Statistics and Probability
[JEL:C14] Mathématiques et méthodes quantitatives - Économétrie et méthodes statistiques généralités - Méthodes semiparamétriques et nonparamétriques Public policy Context (language use) Tax reform [JEL:C19] Mathématiques et méthodes quantitatives - Économétrie et méthodes statistiques généralités - Divers jel:H20 Need to know jel:H29 Econometrics Economics [JEL:H20] Public Economics - Taxation Subsidies and Revenue - General [JEL:C14] Mathematical and Quantitative Methods - Econometric and Statistical Methods: General - Semiparametric and Nonparametric Methods Parametric statistics [JEL:C10] Mathématiques et méthodes quantitatives - Économétrie et méthodes statistiques généralités - Généralités Nonparametric statistics Subsidy Regression analysis [JEL:C10] Mathematical and Quantitative Methods - Econometric and Statistical Methods: General - General jel:C10 [JEL:H29] Économie publique - Taxation subventions et revenus - Divers [JEL:C19] Mathematical and Quantitative Methods - Econometric and Statistical Methods: General - Other jel:C14 jel:C19 [JEL:H20] Économie publique - Taxation subventions et revenus - Généralités [JEL:H29] Public Economics - Taxation Subsidies and Revenue - Other Statistics Probability and Uncertainty |
| Zdroj: | Journal of the American Statistical Association. 93:900-909 |
| ISSN: | 1537-274X 0162-1459 |
| DOI: | 10.1080/01621459.1998.10473746 |
| Popis: | In many public policy problems, we need to estimate the way in which policy changes affect people's behavior. In the analysis of tax and subsidy reform—the topic of this article—we need to know how tax-induced price changes affect the amounts that people buy of the taxed goods. We present various economic and statistical approaches to obtaining the required estimates. We consider the standard structural methods in economics, where the behavior and welfare of individual agents are captured simultaneously by the specification of utility functions whose parameters are to be estimated. We argue that these methods are less useful than alternatives that directly consider the derivatives of the regression function of average behavior. We consider both parametric and nonparametric estimators of these derivatives in the context of price reform for foods in Pakistan, focussing on the advantages and disadvantages of “average derivative estimation” (ADE). ADE is attractive in principle, because it directly e... |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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