Tax reform and the natural resource industries

Tax reforms passed by Federal Parliament in June 1999 include rationalising indirect taxes, a tax mix change, and a smaller fiscal surplus. The impact or first‐round effects on the natural resource industries indicate large gains. Important second‐round reactions, particularly a real currency appreciation, erode most of, and in some cases more than all of, the first‐round gains. A complete assessment requires the use of general equilibrium models.


Issue Date:
2000
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/117795
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 44, Issue 1
Page range:
159-170
Total Pages:
12




 Record created 2017-04-01, last modified 2017-08-26

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