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- Title
TAX SHIFTING IN THE SHORT-RUN.
- Authors
Fagan, Elmer D.; Jastram, Roy W.
- Abstract
The article discusses the concepts of tax shifting in a short-run period under the conditions of monopolistic competition. Jacob Viner defines short-run as a period which is long enough to allow any desired change of output technologically possible without alterations to the scale of plant. He identifies the nature of several types of short-run cost curves for firms including the average total unit cost curve and the average direct cost curve. However, economists believe that the short-run supply curve is a function of marginal cost of production and price.
- Subjects
TAX shifting; MONOPOLISTIC competition; DIRECT costing; MARGINAL pricing; ECONOMETRIC models; COMPARATIVE advantage (International trade); TAXATION
- Publication
Quarterly Journal of Economics, 1939, Vol 53, Issue 4, p562
- ISSN
0033-5533
- Publication type
Article
- DOI
10.2307/1883278