Kinnunen, Jouko; Rauhanen, Timo; Honkatukia, Juha - EcoMod Network - 2011
We study the effects of recent VAT reforms in Finland. Our counterfactual scenarios try to find, whether other reforms would enhance economic efficiency without compromising equity. We use a recursive dynamic applied GE model (VATTAGE, coded in GEMPACK) to study the macro, industrial and...