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Tax Changes In Very Different Economies

Condon, Jeffrey
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Abstract

Despite the prevalence of computable general equilibrium (CGE) models applied to tax changes of varying types, little work has been done focusing on state level comprehensive tax reform or on tax reform in countries undergoing a regime change. This research develops and applies methodologies for analyzing fiscal policy changes under these two very different economic scenarios. The findings for each application are relevant to policy makers as they weigh the effects of tax reform. The models developed for the two scenarios offer guidance to future modelers in studying similar economies and the contrast of the two provides a framework for thinking about model design and application. Finally, the results, when compared to each other, allow us to see the relative effectiveness of the two tax reform policies given their very different economies.

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Date
2014-07-01
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Research Projects
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Keywords
Computable General Equilibrium Model, CGE, Tax Reform, Georgia, Egypt
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Embargo Lift Date
2014-07-12
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