Does demand create poor quality supply: a critique of alternative distributional analyses

Michael Carnahan
Additional contact information
Michael Carnahan: Treasury, Government of Australia

Economic Roundup, 1998, issue 4, 37-50

Abstract: The release of any major reform proposal creates considerable uncertainty amongst the community. In the vast majority of cases, and for the vast majority of reform proposals, these questions cannot be answered definitively. However, what can be predicted with certainty is that there will be a rekindling of interest in distributional analysis. The major conclusion in this paper is that the best estimate of the impact on a household of a change in prices is the population CPI impact, and the best estimate of household saving rates is either the population saving rate or zero. Hence, this approach was adopted in the distributional analysis undertaken in the Government’s tax reform document A New Tax System. The purpose of this paper is to provide a critique of this approach and the alternatives.

Keywords: goods and services; supply and demand (search for similar items in EconPapers)
JEL-codes: E21 (search for similar items in EconPapers)
Date: 1998
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://archive.treasury.gov.au/documents/198/PDF/round4.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:tsy:journl:journl_tsy_er_1998_4_1

Access Statistics for this article

More articles in Economic Roundup from The Treasury, Australian Government Contact information at EDIRC.
Bibliographic data for series maintained by The Treasury (Commonwealth of Australia) ().