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...