Professor Mark J. Perry's Blog for Economics and Finance
Posted 4:32 PM Post Link
Economists got on McCain and Hillary for their gas tax holiday, yet eyeballing the images there seems to be a relationship (in most, but not all states) between taxes and prices.Why, then, would a gas tax holiday not lower retail pump prices? I'm assuming the tax is applied at the pump; if it's applied further up the chain, then I'd fully understand. Pump prices, though, are highly competitive. If it is charged higher up, then nevermind.
Mark, I hope you don't mind, but I have a bleg for your readers....One of the things that I'd really like to do, but can't since I can't find an online application to make one, would be to make a county-by-county gas price cartogram (like the second picture), but one that subtracts state gas taxes from the price per gallon.I can find tools that are set up to make unique state-by-state cartograms, but not for the county-by-county maps. If anyone out there might know of such an application, please post a link!
Post a Comment
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
View my complete profile