Essays on the economics of health and optimal taxation / Seung-Ryong Shin.

Format:

Book

Thesis/Dissertation

Author/Creator:

Sin, Sŭng-nyong, author.

Contributor:

Krueger, Dirk, degree supervisor.

University of Pennsylvania. Department of Economics, degree granting institution.

Language:

English

Subjects (All):

COVID-19.

Public health.

Public policy.

Economics--Penn dissertations.

Penn dissertations--Economics.

Local Subjects:

COVID-19.

Public health.

Public policy.

Economics--Penn dissertations.

Penn dissertations--Economics.

Genre:

Academic theses.

Physical Description:

1 online resource (98 pages)

Contained In:

Dissertations Abstracts International 82-12B.

Place of Publication:

[Philadelphia, Pennsylvania] : University of Pennsylvania ; Ann Arbor : ProQuest Dissertations & Theses, 2021.

Language Note:

English

System Details:

Mode of access: World Wide Web.

text file

Summary:

This dissertation consists of two chapters. Chapter 1 compares the optimal and current taxation of alcohol and cigarette with the optimal subsidization of sports goods in terms of welfare gains and distributional effects using a life cycle framework. Sports goods subsidization could optimally generate a welfare gain of $171.59 per household every year, about 16 times higher than that from the optimal taxation of the unhealthy goods. The former decreases the aggregate medical expenditure by 5.3%, while the latter only by 0.2%. Positive sports goods subsidization could benefit both high and low education groups through the effects of lower premiums and tax burdens, despite the negative distribution and health effects against the low education group. Chapter 2 investigates how firms' global connectedness and market power affect their performance and resilience during crises. While global production and export networks expose firms to foreign shocks, they potentially reduce firms' susceptibility to domestic shocks through international diversification. Additionally, increases in market power could provide buffers by allowing margins for adjustment. Using weekly global stock market data combined with firm-level supply chain, export, and balance sheet information, this chapter shows that firms with higher global connectedness and market power are more resilient to domestic pandemic shocks. Global connectedness (but not market power) alleviates domestic pandemic shocks only if foreign economies experience smaller shocks. Finally, pandemic-driven cross-firm reallocations were concentrated between March and May when cross-country COVID-19 dispersion dramatically increased.

Notes:

Source: Dissertations Abstracts International, Volume: 82-12, Section: B.

Advisors: Krueger, Dirk; Committee members: Harold Cole; Andrew Shephard.

Department: Economics.

Ph.D. University of Pennsylvania 2021.

Local Notes:

School code: 0175

ISBN:

9798738617638

Access Restriction:

Restricted for use by site license.

This item must not be sold to any third party vendors.