A Regional Model of Growth Oriented Fiscal Policy: An Application to Georgia and Its Competitor States
The Review of Regional Studies
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Title |
A Regional Model of Growth Oriented Fiscal Policy: An Application to Georgia and Its Competitor States
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Creator |
Condon, Jeffrey
Feltenstein, Andrew Plassmann, Florenz Rider, Mark Sjoquist, David L |
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Subject |
Dynamic Simulation Models; Fundamental Tax Reform
H71 |
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Description |
A number of U.S. states are considering tax reforms that would significantly reduce or eliminate income taxes and recover the lost revenue by increasing its sales taxes. To gauge the economic effects of such reforms, we construct a multi-regional, dynamic, open economy, general equilibrium (CGE) model. Our model is an advancement over existing regional CGE models used to simulate the impact of state tax reforms in the U.S. context. We simulate the impact of a variety of tax reforms and find that Georgia’s economy benefits but at the expense of the five comparison states we include.
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Publisher |
Southern Regional Science Association
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Contributor |
—
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Date |
2015-06-09
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://journal.srsa.org/ojs/index.php/RRS/article/view/44.2.4
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Source |
The Review of Regional Studies; Vol 44, No 2; 177-209
0048-749X 1553-0892 |
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Language |
eng
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Relation |
http://journal.srsa.org/ojs/index.php/RRS/article/view/44.2.4/pdf
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