Welfare Effects of Corporate Tax Policy on Regional Economy : A Case Study for Daegu City in Korea
0
조회
0
다운로드
4
인용
0
참고문헌
키워드
초록
The purpose of this paper is to examine the welfare effects of corporate taxes on Daegu economy to find the efficient corporate tax rate in Daegu, Korea. For this purpose, we will apply simple regional CGE model to the case of Daegu, Korea for simulation analysis. We will then analyze welfare effects of the corporate tax on Daegu economy and try to determine the efficient corporate tax rate for Daegu regional economy. We used data in 2007 to set up base economy for Daegu regional economy. Our regional model is composed of four sectors and the sectors are agriculture, manufacture, sales and construction. Under the constraints of less than 20% tax revenue increase, we applied four different alternative cases. The most efficient corporate tax rates for four sectors under the within 20% tax revenue increase constraint are 16.5% for agriculture, 20.8% for manufacture sectors, 20.4% for sales sector and 23.4% for construction sector.
Abstract
The purpose of this paper is to examine the welfare effects of corporate taxes on Daegu economy to find the efficient corporate tax rate in Daegu, Korea. For this purpose, we will apply simple regional CGE model to the case of Daegu, Korea for simulation analysis. We will then analyze welfare effects of the corporate tax on Daegu economy and try to determine the efficient corporate tax rate for Daegu regional economy. We used data in 2007 to set up base economy for Daegu regional economy. Our regional model is composed of four sectors and the sectors are agriculture, manufacture, sales and construction. Under the constraints of less than 20% tax revenue increase, we applied four different alternative cases. The most efficient corporate tax rates for four sectors under the within 20% tax revenue increase constraint are 16.5% for agriculture, 20.8% for manufacture sectors, 20.4% for sales sector and 23.4% for construction sector.
참고문헌 (10)
- Auerbach, Alan J., "The Efficiency Gains from Dynamic Tax Reform", International Economic Review, 24, pp.81~100 (1983)
- Harberger, A. C., "The Corporation Income Tax: An Empirical Appraisal", Tax Revision Compendium, 1, pp.231~240
- Harberger, A. C., "The Incidence of the Corporation Income Tax", Journal of Political Economy, 70, pp.215~240 (1962)
- Jorgenson, Dale W., "The Efficiency of Capital Allocation", Scandinavian Journal of Economics, 88, pp.88~107 (1986)
- 윤건영, "Tax Policy and Capital Allocation", The Scandinavian Journal of Economics, 88, pp.355~377, BLACKWELL PUBLISHING
- Kim Chongung, "Analysis of the Optimal Corporate Tax Rate", Presentation Paper in Southern Economic Association, 통권 : 22 (2010)
- 김종웅, "지역경제모형을 활용한 지방재정정책의 효과분석* : 대구경북지역을 중심으로", 경제연구, 27(3), pp.105~130 (2009), 한국경제통상학회
- 김종웅, "광역자치단체 재정지출의 지역내 기초자치단체별 GRDP 파급효과 - 경북지역을 중심으로-", 지역사회연구, 19(2), pp.51~68 (2011), 한국지역사회학회
- Yun, Kun-Young, "The Effects of Taxation on Resource Allocation and Welfare", Journal of Economic Studies, 13, pp.135~152 (1995)
- Summers, Lawrence H., "Capital Taxation and Accumulation in a Life Cycle Growth Model", American Econmic Review, 71, pp.533~544 (1981)