GTAP Resources: Resource Display
GTAP Resource #2939 |
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"GTAP 7 Data Base Documentation - Chapter 13: Income and Factor Taxes" by McDougall, Robert and Jan Hagemejer Abstract From its first release, the GTAP Data Base has had the capability implicitly to record income and factor employment tax payments. Factor employment taxes denotes such taxes as payroll tax, social security levies, and land taxes. Although no arrays have represented these data explicitly, they are implicit as the difference between different valuations of primary factor flows. Income tax, by factor (endowment commodity) and region is the difference between market value VFM (summed over industries) and agents’ value EVOA (where the agents are owners of factors); factor employment tax, by factor, industry, and region is the difference between market value VFM and agents’ value EVFA (where agents are employers of factors). |
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- The GTAP Data Base and extensions |
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Public Access Chapter 13 (23.9 KB) Replicated: 0 time(s) Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 1:05:45 PM