Showing 1 - 10 of 13
This paper presents numerical simulation results that suggest that China can both reduce its trade imbalance and receive welfare benefits by switching the value added tax (VAT) regime from the current destination principle to an origin principle. With the tax on exports exceeding that no longer...
Persistent link: https://www.econbiz.de/10012461971
longer the force that it was for policy change in large economies such as Russia, India, China and Brazil, similar re …
Persistent link: https://www.econbiz.de/10012463035
This paper discusses efficiency considerations underlying the widespread exemption of food from sales and value added taxes, in contrast to the distributional considerations usually used to justify them, analyzing the implications for tax policy. Although there are increasing returns in both...
Persistent link: https://www.econbiz.de/10012472157
We develop a general equilibrium tax model to evaluate the impacts of equal yield base broadening in indirect taxes from high rate narrow based (typically manufactures) taxes to broad based taxes (including services) such as a VAT. We capture differences in choice of mode of supply between...
Persistent link: https://www.econbiz.de/10012472467
China's VAT while seemingly conventional has two major impurities. One is that a separate export rebate system exists where rebate rates are linked from rates paid on creditable inputs. The other is the use of an income base for which there is no crediting of taxes on capital good, rather than...
Persistent link: https://www.econbiz.de/10012465066
WTO in 2002. Agreements are in place with Hong Kong, Macao, ASEAN, Australia, and New Zealand, and are either in … negotiation or under discussion with South Africa, Chile, India, and the Gulf Cooperation Council. These agreements differ sharply …
Persistent link: https://www.econbiz.de/10012467695
's technology gaps both with the U.S. and India between 1979 and 2008, comparing the technology level of these economies using a CES … India and the U.S. for the period before 2008. The pairwise gaps between the U.S. and China, and the U.S. and India remain … productivity than India over the period, the bilateral technology gap between China and India is still in India's favor. India had …
Persistent link: https://www.econbiz.de/10012457012
This paper analyzes the effects of the reforms initiated in India following the balance of payments (BOP) crisis of … compare changes in performance since the reforms, which started in China in 1979 and in India in 1991. Such a comparison shows … in making progress towards the Millennium Development Goals (MDGs) and India lags behind other South Asian countries. The …
Persistent link: https://www.econbiz.de/10012459638
The relative performance of China and India is compared using two different methods and they provide a very different …Using a two tailed- test we find that China does better than India for most of these indicators. For instance, China … has a higher growth rate of per capita income, XGS and GFCF as also a higher share of XGS, GFCF etc in GDP than does India …
Persistent link: https://www.econbiz.de/10012459656
/capita, shares in world trade and market capitalization attributable both jointly and single to China, India, and Brazil (the three … time. In contrast the North-China gap falls from 57.2 to 13.1 between 1990 and 2009, and India from 70.4 to 38.1 using … market exchange rates and from 23.4 to 5.5 for China and from 20.7 to 11.4 for India using PPP rates. We calculate the …
Persistent link: https://www.econbiz.de/10012460976