Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium
Antonio Estache and
Gaëtan Nicodème ()
Working Papers ECARES from ULB -- Universite Libre de Bruxelles
This paper assesses the effects of applying VAT or a sales tax on (intermediate or final) sales of the financial sector. It uses a CGE Model calibrated for a small open economy. It highlights the differentiated sectoral and redistributional effects of these taxes and shows the importance of the financial openness of the economy on these results.
Keywords: taxation; financial sector; VAT; sales tax; modeling; Belgium (search for similar items in EconPapers)
JEL-codes: H20 H25 H30 H87 (search for similar items in EconPapers)
Pages: 28 p.
New Economics Papers: this item is included in nep-acc, nep-cmp and nep-pbe
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
https://dipot.ulb.ac.be/dspace/bitstream/2013/1367 ... ODEME-efficiency.pdf 2013-01-CHISARI_ESTACHE_NOCODEME-efficiency (application/pdf)
Journal Article: Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium (2016)
Working Paper: Efficiency and Equity Effects of Taxing the Financial Sector: Lessons from a CGE Model for Belgium (2013)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:eca:wpaper:2013/136761
Ordering information: This working paper can be ordered from
http://hdl.handle.ne ... lb.ac.be:2013/136761
Access Statistics for this paper
More papers in Working Papers ECARES from ULB -- Universite Libre de Bruxelles Contact information at EDIRC.
Bibliographic data for series maintained by Benoit Pauwels ().