| Author(s): |
doc. Petr Janský Ph.D.,
|
| Type: |
IES Working Papers |
| Year: |
2014 |
| Number: |
25 |
| ISSN / ISBN: |
|
| Published in: |
IES Working Papers 25/2014 |
| Publishing place: |
Prague |
| Keywords: |
consumer behaviour, excise duties, tax reforms, households |
| JEL codes: |
D12, H20, H31 |
| Suggested Citation: |
Janský P. (2014). “Impact of Changes in Excise Duties on Households in the Czech Republic” IES Working Paper 25/2014. IES FSV. Charles University. |
| Grants: |
GACR 403/10/1235 (2010-2014) Institutional Responses to Financial Market Failures
|
| Abstract: |
Excise duties are an important source of government revenue and their rates change relatively often in the Czech Republic. Reforms of excise duties change the prices of goods, a change to which households respond by adjusting their expenditures. I use detailed Czech Statistical Office data and estimates of own- and cross-price and income elasticities for individual households to create a microeconomic simulation model that enables me to simulate the impact of changes in excise duties on households’ demands. I show the distributional impact of current excise duties and then I simulate the impact of hypothetical increases of 10 per cent in each of them. I further simulate impact of certain approved or proposed changes in excise duties including the unsuccessful 2012 proposal to introduce an excise duty on wine. |
| Downloadable: |
wp_2014_25_Jansky
|
