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Government budget balance forces the endogenous use of distortionary tax instruments" when an exogenous reform is … in evaluations of trade and tax policies …
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Government budget balance forces the endogenous use of distortionary tax instruments" when an exogenous reform is … in evaluations of trade and tax policies …
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Revenue-neutral trade reform is desirable if revenues are made up from less costly distortions. With a particular computable general-equilibrium model, reforms can be evaluated, but the robustness of conclusions is suspect; they depend on a particular specification and parameterization of the...
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