摘要：This study discusses how to treat taxes in a cost-benefit analysis (CBA). In particular the authors relate the shadow price of taxes in CBA to the concepts of the marginal cost of public funds (MCPF) and the marginal excess burden (MEB) of taxes. The paper demonstrates that the MCPF is equal to one plus the MEB for a marginal increase in a distortionary tax.
关键词：cost-benefit analysis; marginal cost of public funds; excess burden; taxation
