Tax Reform and Land-Using Sectors in the U.S. Economy: A General Equilibrium Analysis

Roy Boyd and David H. Newman

American Journal of Agricultural Economics, 1991, vol. 73, issue 2, 398-409

Abstract: A computable general equilibrium model of the U.S. economy is used to assess the effects of the Tax Reform Act of 1986 on land-using sectors (forestry and three classes of agriculture). The model's components include twelve production sectors, six consumer groups, a balanced-budget government sector, and a zero surplus foreign sector. In relative terms, Tax Reform reduces total value added output in land-using sectors to a greater extent than other sectors in the economy. Experiments are also performed comparing partial and general equilibrium specifications of the economy and the impact of choice of input substitution elasticities.

Date: 1991
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.2307/1242723 (application/pdf)
Access to full text is restricted to subscribers.

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:oup:ajagec:v:73:y:1991:i:2:p:398-409.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().