Publikationsserver
Tax Pass-through in the European Beer Market
We study the pass-through of indirect taxes on beer prices in the European Union (EU). Exploiting the variation of value added tax rates, beer excise tax rates, and beer prices in a panel of monthly data from 1996 to 2016 of all current 28 EU member states, we estimate the tax pass-through of sp...
Saved in:
| Published in: | MAGKS - Joint Discussion Paper Series in Economics (Band 47-2017) |
|---|---|
| Main Authors: | , |
| Format: | Article |
| Language: | English |
| Published: |
Philipps-Universität Marburg
2017
|
| Subjects: | |
| Online Access: | PDF Full Text |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | We study the pass-through of indirect taxes on beer prices in the European
Union (EU). Exploiting the variation of value added tax rates, beer
excise tax rates, and beer prices in a panel of monthly data from 1996 to
2016 of all current 28 EU member states, we estimate the tax pass-through
of specific beer excise taxes and ad valorem value added taxes, respectively.
Ad valorem taxes are under-shifted at a rate of approximately 70%. Specific
excise taxes are almost fully shifted to prices in the EU, but, in contrast to
the empirical findings for the US, there is no evidence of over-shifting. Nevertheless, the difference between ad valorem and specific tax pass-through rates indicates that imperfect competition plays an important role in the European beer market. |
|---|---|
| Physical Description: | 24 Pages |
| ISSN: | 1867-3678 |
| DOI: | 10.17192/es2024.0512 |