The Government/Democrats' package of changes in indirect taxes
| dc.creator | Dixon, Peter B. | |
| dc.creator | Rimmer, Maureen T. | |
| dc.date | 2017-04-01T19:34:55Z | |
| dc.date.accessioned | 2026-07-09T05:50:31Z | |
| dc.description | Australia is faced with a comprehensive package of changes to its indirect tax system, including the introduction of a GST. The Government’s only quantitative analysis in formulating the package employed PRISMOD, an archaic input‐output price model. PRISMOD sheds dim light on a very limited range of policy‐relevant variables. This article explains how PRISMOD works; this is of continuing relevance because PRISMOD results are a benchmark in negotiations concerning the price effects of the tax package. Then an assessment of the package is made using MONASH, a comprehensive dynamic general equilibrium model. Overall, the conclusions are negative: the package is welfare‐reducing and unnecessary. | |
| dc.identifier | doi:10.22004/ag.econ.117794 | |
| dc.identifier | https://ageconsearch.umn.edu/record/117794/files/1467-8489.00103.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/117794 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/569063 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/117794 | |
| dc.title | The Government/Democrats' package of changes in indirect taxes | |
| dc.type | Text |