The paper develops a regional general equilibrium model of the Canadian economy to analyze the sectoral and regional impacts of the major changes to the Canadian sales tax system. The results indicate that replacing the federal sales tax with the goods and service tax increases real output in...

The paper is to analyze the inter-industry price and demand effects that were likely to arise from the system of excise tax indexation. The system existed in the period April 1981 to August 1984 in Canada. The paper points out that the unintended cross price effects can be very large when there...

This paper is a comment note on the article by R. N. Batra and R. Singh for their strong conditions required for the existence of the short-run equilibrium and the long-run equilibrium in a two-sector growth model with an intermediate product. Our paper shows that the factor intensities of final...

This paper is to evaluate the current methodologies for revenue forecasting of all revenue agencies, the Ministry of Finance and elsewhere and to make recommendations for the modification of the existing methods and to propose alternative approaches in Ghana. The paper also describes a...

The paper reviews changes in the tax mix in Canada and several developed countries over the past two decades and outlines the key factors that influence it. The tax mix in Canada is largely similar to other OECD countries with two major exceptions. The first is a larger percentage share of...

The paper investigates whether the presence of the intermediate good plays a significant role in the growing economy. It also discusses the patterns of international specialization in relation to relative factor endowments. The paper finds that the factor intensities of final goods sectors in...

This article describes the indirect tax revenue simulation model developed for the Treasury Department of Puerto Rico. At the beginning, it delineates the model’s objectives and capabilities and details the array of tax policy measures and major modifications to the present tax system. It then...

The paper discusses the principal labour market distortions and their effects on the social cost of jobs created in industrial projects. Two alternative approaches – a partial and a general equilibrium analysis - have been put forth in a systematic way to estimate the social cost of job...

The paper presents a theoretical framework for the appraisal of industrial projects. The analysis begins with the commercial evaluation followed by the economic evaluation from the national point of view. Notes are also made regarding indirect effects, the impact of the project on a town and...

A broad based consumption tax, such as a value added tax, is generally considered to be a regressive tax. This conclusion, however, has not taken into account the fact that in developing countries the commodities on which poor households spend most of their income, even if they are included in...