📚 Volume 32, Issue 8
📋 ID: Qf2vQm6
Authors
Francesco Rodríguez , Pedro Davis, Natalia Colombo
Yerevan State university
Abstract
The present study uses a computable general equilibrium (CGE) model to investigate the impacts of implementing of VAT system on the Iran economy. A benchmark sequence of equilibria is compared with a counterfactual sequence of equilibria for measuring the effect of tax policy reform. Increasing of 3, 4 and 10 percent value-added tax rate are tree simulation scenarios. The results show that although Government revenue significantly manages to go up but gross domestic production and household’s welfare goes down.
📝 How to Cite
Francesco Rodríguez , Pedro Davis, Natalia Colombo (2025). "A Computable General Equilibrium Model for Evaluating the Effects of Value-added Tax Reform ". Wulfenia, 32(8).