No Abstract

Whiledemand estimates are used in policy making in a number of areas, there has not been a substantialliterature on demandpatterns and responsesin Pakistan. We present estimates for thirteen classesof goods, basedon a completedemand system, a modification of the Unear Expenditure...

This paper evaluates consequences of taxation policy changes in· terms of effects on government revenue, households and production. It concentrates on derivation and analysis of effective taxes. The revised economy-wide input-output table prepared at the Pakistan Institute of Development...

The assumption, which is common in tax analysis, that producer prices are undistorted may not be appropriate, particularly for developing countries. Where shadow prices (social opportunity costs) and market prices differ, one must replace "revenue" in the "social marginal cost of revenue" (a...

The work argues that poor macroeconomic control is an important cause of poor enterprise performance. The authors review the empirical evidence on the relationship between macroeconomic stability and the performance of the real economy both at the aggregate and the project levels, before...

The work argues that poor macroeconomic control is an important cause of poor enterprise performance. The authors review the empirical evidence on the relationship between macroeconomic stability and the performance of the real economy both at the aggregate and the project levels, before...

What types of goods should be taxed? How progressive should the income tax be? What should be the balance between the taxation of commodities and the taxation of income? These questions have concerned many leading economists of the last two centuries, and the past 15 years has seen a tremendous...