伟易博商务统计与经济计量系学术报告(07年第6期)

题 目： The Impacts of VAT adjustments on Taiwan Economy

报告人： Prof.Chung-Shu Wu(吴中书)

台湾中央研究院经济研究所

时 间： 5月14日下昼16：00-17：00

地 点： 伟易博116室

Abstract

The main purpose of this paper is to analysis the impacts of adjusting value-added tax (VAT) on Taiwan Economy. We follow the framework adopted by Wu and Hsu (1994), Wu (1995a), Wu (1995) and Wu et al. (1996), construct a macro-econometrics model containing the government budget, and estimate the impacts of VAT adjustments on macro-economy. According to the results of various simulations, with the distinct types of government expenditures, the adjustment patterns of macro variables such as private consumption, private investment, and gross domestic product (GDP) differs. In sum, if the government reduces its debts with the additional taxes resulting from the increased VAT rates, the positive benefits to our economy

are most significant.