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Search results for keyword: distortions
special consumption tax
Special Consumption Tax Special consumption tax is a category of tax for goods and services defined by law. It is designed to cover the costs of using, disposing, or exploiting certain goods and services. The taxes are usually imposed at the time of purchase or consumption so that people buying o......
tags: taxes consumption special consumption special tax
10/07/2023
1037
Claire
Currency Regional Advantage Theory
Introduction Regional advantage is a key factor in the analysis of economic activity. The spatial focus of such theory suggests that, particularly in developing countries, the location of economic activity may be grossly misallocated due to market failure and distortions. One of the most influent......
tags: advantage production regional advantage nations their
10/07/2023
1066
Lucas
Regulatory Economics
Introduction Regulatory Economics is a branch of economics which studies the economic effects of government regulations on society. Regulations can take the form of direct controls, such as price floors and ceilings, or indirect incentives, such as subsidies. Regulations can also be administrativ......
tags: regulations governments may regulatory economics economic
09/07/2023
1035
Sophia
excise tax
Goods and services tax (GST) is a consumption tax levied on the majority of goods and services sold for domestic consumption. GST is an indirect tax, meaning its revenue is collected by the businesses that sell taxable goods and services. GST is different from the other taxes like income tax, whic......
tags: gst has goods gst taxes goods
09/07/2023
1040
Sophie
prohibitive tariff
Introduction The world has come to the point of no return when it comes to the use of prohibitive tariffs. It has been a popular tool employed by governments to protect domestic industries and to secure revenue generation. Every country has different goals when it comes to the implementation of p......
tags: tariffs prohibitive can tariffs prohibitive goods
09/07/2023
1032
Sophia
national debt spending
Public debt, often referred to as government debt or national debt, is the debt of a government owed to lenders. This can include money owed to individual citizens (such as holders of treasury bills and bonds issued by the government) or to other governments, businesses, or organizations. It also ......
tags: debt public government government debt public
09/07/2023
1052
Oliver
National Tax Efficiency Supervision
Tax efficiency monitoring in China Tax efficiency monitoring has become an integral part of financial operations in China. A country with an increasingly intricate and competitive tax system, Chinese tax authorities have placed a greater emphasis on monitoring the efficiency of taxation. This inc......
tags: tax system monitoring taxation tax supervision
09/07/2023
1037
Sophie
Behavioral Asset Pricing Model
Behavioral Asset Pricing Model The behavioral asset pricing model (BAPM) is an economic theory that explains the role of investor sentiment in stock prices. Essentially, the BAPM questions why some stocks or asset classes have abnormally high returns relative to their true market values, and seek......
tags: investors bapm their asset models pricing
09/07/2023
1053
Sophie
indirect tax
Indirect taxation is the taxation of goods and services when the tax is imposed on one person but paid by another. Examples of indirect taxes include sales tax, value-added tax (VAT), goods and services tax (GST), corporate tax, and excise duty. In essence, the indirect tax is not imposed on the p......
tags: tax indirect taxation tax taxes indirect
08/07/2023
1057
Oliver
parasitic economy
Parasitic economy Parasitic economy is the term used to describe the system of global trade and investment that is currently dominating the world. This system is based on the idea of countries relying heavily on the resources of richer countries and on the cheap labor of poorer countries in order ......
tags: countries economic their economy resources companies
08/07/2023
1055
Sophie
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