Author ORCID Identifier
Roy Bahl: https://orcid.org/0000-0002-7956-5076
David Sjoquist: https://orcid.org/0000-0002-3020-6267
Document Type
Article
Publication Date
1993
Abstract
The use of microsimulation models for revenue forecasting in developing countries is addressed and contrasted to some of the alternative forecasting techniques. Given the problems of many of the alternative techniques, microsimulation models are often found to be the preferred revenue estimation method. The microsimulation revenue estimation is illustrated with data for the Jamaican personal income tax. Details for the example related to the data requirements, problems, and the necessary assumptions for obtaining revenue estimates are discussed and several alternate tax policy changes are simulated and presented.
Recommended Citation
Bahl, Roy W., Richard Hawkins, Robert E. Moore, and David L. Sjoquist, "Using Microsimulation Models for Revenue Forecasting in Developing Countries." Public Budgeting & Finance Management, Vol. 5, No. 1, pp. 159-186, 1993.
Comments
Published in Bahl, Roy W., Richard Hawkins, Robert E. Moore, and David L. Sjoquist, "Using Microsimulation Models for Revenue Forecasting in Developing Countries." Public Budgeting & Finance Management, Vol. 5, No. 1, pp. 159-186, 1993.
(c) Marcel Dekker.