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Modeling of consumption taxes for different market framework : The case of ukraine. / Sokolovska, Olena; Sokolovskyi, Dmytro; Serebrianskyi, Dmytro.

In: Economic Computation and Economic Cybernetics Studies and Research, Vol. 50, No. 4, 2016, p. 75-92.

Research output: Contribution to journal › Article › peer-review

Harvard

Sokolovska, O, Sokolovskyi, D & Serebrianskyi, D 2016, 'Modeling of consumption taxes for different market framework: The case of ukraine', Economic Computation and Economic Cybernetics Studies and Research, vol. 50, no. 4, pp. 75-92.

APA

Sokolovska, O., Sokolovskyi, D., & Serebrianskyi, D. (2016). Modeling of consumption taxes for different market framework: The case of ukraine. Economic Computation and Economic Cybernetics Studies and Research, 50(4), 75-92.

Vancouver

Sokolovska O, Sokolovskyi D, Serebrianskyi D. Modeling of consumption taxes for different market framework: The case of ukraine. Economic Computation and Economic Cybernetics Studies and Research. 2016;50(4):75-92.

Author

Sokolovska, Olena ; Sokolovskyi, Dmytro ; Serebrianskyi, Dmytro. / Modeling of consumption taxes for different market framework : The case of ukraine. In: Economic Computation and Economic Cybernetics Studies and Research. 2016 ; Vol. 50, No. 4. pp. 75-92.

BibTeX

@article{f2e7bf201cf0447184c2b144fded3a5a,
title = "Modeling of consumption taxes for different market framework: The case of ukraine",
abstract = "In the context of current discussion related to the improvement of efficiency of consumption taxes we developed a theoretical framework to model the turnover taxation. We empirically tested the capacity of VAT to stimulate the labor productivity in different markets. The results showed that this dependence is significant for the sectors similar to perfect competition markets, while in industries similar to monopoly and oligopoly this correlation is absent or insignificant. This means that in competitive markets the VAT should be kept, while in markets with imperfect competition the replacement of the VAT with other indirect tax, notably the turnover tax, could be considered. We conclude by determining, based on the developed theoretical model, weaknesses, which should be taken into account by policymakers and tax officials when designing tax reform policy in order to prevent market failures.",
keywords = "Competition, Consumption, Market failure, Turnover tax, VAT",
author = "Olena Sokolovska and Dmytro Sokolovskyi and Dmytro Serebrianskyi",
year = "2016",
language = "English",
volume = "50",
pages = "75--92",
journal = "Economic Computation and Economic Cybernetics Studies and Research",
issn = "0585-7511",
publisher = "Editura Academia de studii economice",
number = "4",

}

RIS

TY - JOUR

T1 - Modeling of consumption taxes for different market framework

T2 - The case of ukraine

AU - Sokolovska, Olena

AU - Sokolovskyi, Dmytro

AU - Serebrianskyi, Dmytro

PY - 2016

Y1 - 2016

N2 - In the context of current discussion related to the improvement of efficiency of consumption taxes we developed a theoretical framework to model the turnover taxation. We empirically tested the capacity of VAT to stimulate the labor productivity in different markets. The results showed that this dependence is significant for the sectors similar to perfect competition markets, while in industries similar to monopoly and oligopoly this correlation is absent or insignificant. This means that in competitive markets the VAT should be kept, while in markets with imperfect competition the replacement of the VAT with other indirect tax, notably the turnover tax, could be considered. We conclude by determining, based on the developed theoretical model, weaknesses, which should be taken into account by policymakers and tax officials when designing tax reform policy in order to prevent market failures.

AB - In the context of current discussion related to the improvement of efficiency of consumption taxes we developed a theoretical framework to model the turnover taxation. We empirically tested the capacity of VAT to stimulate the labor productivity in different markets. The results showed that this dependence is significant for the sectors similar to perfect competition markets, while in industries similar to monopoly and oligopoly this correlation is absent or insignificant. This means that in competitive markets the VAT should be kept, while in markets with imperfect competition the replacement of the VAT with other indirect tax, notably the turnover tax, could be considered. We conclude by determining, based on the developed theoretical model, weaknesses, which should be taken into account by policymakers and tax officials when designing tax reform policy in order to prevent market failures.

KW - Competition

KW - Consumption

KW - Market failure

KW - Turnover tax

KW - VAT

UR - http://www.scopus.com/inward/record.url?scp=85043469666&partnerID=8YFLogxK

M3 - Article

VL - 50

SP - 75

EP - 92

JO - Economic Computation and Economic Cybernetics Studies and Research

JF - Economic Computation and Economic Cybernetics Studies and Research

SN - 0585-7511

IS - 4

ER -

ID: 17648916