1927 paper "A Contribution to the Theory of Taxation"
E381629
The 1927 paper "A Contribution to the Theory of Taxation" is Frank P. Ramsey’s foundational work in public economics that introduced the optimal taxation framework now known as Ramsey pricing.
All labels observed (3)
| Label | Occurrences |
|---|---|
| 1927 paper "A Contribution to the Theory of Taxation" canonical | 1 |
| Ramsey rule for optimal commodity taxation | 1 |
| Ramsey’s optimal taxation paper | 1 |
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf |
academic paper
ⓘ
economics paper ⓘ |
| aimsTo | minimize welfare loss from raising a given revenue ⓘ |
| author |
F. P. Ramsey
ⓘ
surface form:
Frank P. Ramsey
|
| citedAs | Ramsey (1927) ⓘ |
| contributionTo |
formalization of optimal indirect taxes
ⓘ
foundation of Ramsey pricing in public economics ⓘ |
| countryOfPublication | United Kingdom ⓘ |
| field |
optimal taxation theory
ⓘ
public economics ⓘ welfare economics ⓘ |
| hasAlternativeName |
On a Problem of Formal Logic
ⓘ
surface form:
Ramsey 1927 paper
1927 paper "A Contribution to the Theory of Taxation" ⓘ
surface form:
Ramsey’s optimal taxation paper
|
| hasImpactOnPolicy |
design of commodity tax systems
ⓘ
regulation of natural monopolies ⓘ |
| hasImpactOnTheory | development of second-best welfare economics ⓘ |
| hasKeyAssumption |
competitive markets apart from taxation
ⓘ
given government revenue requirement ⓘ representative consumer ⓘ |
| historicalSignificance |
foundational work in public economics
ⓘ
one of the earliest formal treatments of optimal taxation ⓘ |
| influencedConcept |
marginal cost pricing with markups
ⓘ
nonlinear pricing in regulated industries ⓘ second-best taxation ⓘ |
| influencedField |
modern optimal tax theory
ⓘ
public finance ⓘ regulatory pricing ⓘ |
| introducedConcept |
Ramsey pricing
ⓘ
1927 paper "A Contribution to the Theory of Taxation" self-linksurface differs ⓘ
surface form:
Ramsey rule for optimal commodity taxation
inverse elasticity rule for taxation ⓘ |
| language | English ⓘ |
| mainTopic |
efficient tax structure under revenue constraint
ⓘ
minimization of excess burden of taxation ⓘ optimal commodity taxation ⓘ welfare maximization subject to government budget constraint ⓘ |
| proposes | tax rates inversely related to demand elasticities ⓘ |
| publicationYear | 1927 ⓘ |
| publishedIn | The Economic Journal ⓘ |
| publisher | Royal Economic Society ⓘ |
| relatedToWork | Ramsey’s work on saving and optimal growth ⓘ |
| timePeriod | 20th century economics ⓘ |
| usesMethod |
Lagrange multipliers
ⓘ
constrained optimization ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
1927 paper "A Contribution to the Theory of Taxation"
→
introducedConcept
→
1927 paper "A Contribution to the Theory of Taxation"
self-linksurface differs
ⓘ
subject surface form:
A Contribution to the Theory of Taxation
this entity surface form:
Ramsey rule for optimal commodity taxation
1927 paper "A Contribution to the Theory of Taxation"
→
hasAlternativeName
→
1927 paper "A Contribution to the Theory of Taxation"
ⓘ
subject surface form:
A Contribution to the Theory of Taxation
this entity surface form:
Ramsey’s optimal taxation paper