TY  - JOUR
TI  - Excise taxes on gasoline and suppliers’ market power: A note
AB  - The present paper argues that in the retail gasoline industry, excise taxes, by amounting to a substantial part of prices, increase the firms’ degree of market power as demand elasticity is decreased. To avoid this market power effect, a ‘flexible value tax’ on gasoline is proposed. It yields equivalent tax revenues as the excise tax without disturbing competition in the retail gasoline market.
DO  - https://doi.org/10.1016/j.econlet.2012.08.022
SP  - 110
EP  - 112
UR  - https://www.sciencedirect.com/science/article/pii/S0165176512004570
PY  - 2013-01-01
JO  - Economics Letters
AU  - Pichler, Eva 
AU  - Böheim, Michael 
ER -