Tariff and consumption tax reforms in a developing tourism economy
Data(s) |
01/01/2015
|
---|---|
Resumo |
This paper examines the effects of a coordinated tax reform by replacing import tariffs with point-by-point increases in consumption taxes for a small-open developing tourism economy. Foreign tourists demand for the non-traded goods provided in the informal sector of the host economy, resulting in a tourism-induced terms-of-trade effect. The presence of inbound tourism lends a support to positive tariffs even for a small open economy. The indirect tax reform of this kind can increase residents’ welfare and government revenue when the initial tariffs are relatively larger to the consumption taxes. |
Identificador | |
Idioma(s) |
eng |
Publicador |
Routledge |
Relação |
http://dro.deakin.edu.au/eserv/DU:30069506/beladi-tariffand-2015.pdf http://dro.deakin.edu.au/eserv/DU:30069506/chao-internationalandcomp-inpress-2014.pdf http://www.dx.doi.org/10.1080/09638199.2014.978356 |
Palavras-Chave | #consumption taxes #Tariffs #tourism |
Tipo |
Journal Article |