This study estimates the incidence of each tax in the Korean tax system in 1976. Input-output analysis is used to trace the incidence of taxes levied on intermediate inputs. On balance, the Korean tax system appears progressive for nonfarm households and regressive for farm households and thus...

This paper provides a theoretical and empirical analysis of the factors underlying the relative speed of adjustment of different types of revenue and expenditure to inflation. While there is considerable variability in the relative adjustment rates of total expenditure and revenue for the 24...