Anderson, Kym; Valenzuela, Ernesto; Wittwer, Glyn - 2010
following the Henry Review of Taxation. The demand shock causes regional GDP to fall in the cool and warm wine regions but not … in the hot wine regions unless the shock is large. A change from the current ad valorem tax to a similarly low volumetric … to the export demand shock; but GDP in the hot wine regions would fall substantially. The switch to a volumetric tax as …
