A broad based consumption tax, such as a value added tax, is generally considered to be a regressive tax. This conclusion, however, has not taken into account the fact that in developing countries the commodities on which poor households spend most of their income, even if they are included in...

In this paper, an integrated cash flow model is developed to examine the relative impact of tax incentives, financial subsidies, and macroeconomic variables on the profitability of industrial investments. It allows for various variables to interact with each other. An application of the model is...

The social or economic discount rate is the threshold rate used to calculate the net present value of an investment project, a program, or a regulatory intervention to see whether the proposed expenditures are economically worthwhile to undertake. The size of the economic rate of discount has...

The Canadian Cost-Benefit Analysis Guide: Regulatory Proposals, sets out the general methodology and analytical steps to perform a cost-benefit analysis of proposed regulatory changes. To make the Guide operational, this case study has been prepared following the analytical approach recommended...

The paper is to formulate an economic model for determining possible development strategies and to demonstrate how it can be applied. It is necessary to identify some of the key economic features found in this part of the country since these will determine the type and the nature of the model.

The Andean High Pass Program is evaluated as a pure public sector infrastructure investment. Since each pass crosses the territory of Argentina to Chile, it is a bi-national investment. This infrastructural investment affects not only the economies of Argentina and Chile, but also those of other...

There has been a growing emphasis in many developing countries on export-led growth policies that attract both domestic and foreign investment into activities that will increase exports. Many countries, however, have not achieved the desired response. Among other problems, investors often face...

Tax analysis and forecasting of revenues are of critical importance to governments in ensuring stability in tax and expenditure policies. To augment timely and effective analysis of the revenue aspects of the fiscal policy, governments have increasingly turned toward in-house tax policy units...

This Regulatory Cost-Benefit Analysis Guide was prepared for the use of federal departments and agencies as they perform cost-benefit analysis to determine the potential impact of regulatory decisions. The guide incorporates the evolution of regulatory policy and developments in the analysis of...