Tax reform and the natural resource industries

John Freebairn

Australian Journal of Agricultural and Resource Economics, 2000, vol. 44, issue 01, 12

Abstract: 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.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:117795

DOI: 10.22004/ag.econ.117795

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