Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: ancient_geezer
Strange how you seem to have missed that, as you had specifically requested information concerning his methodology, and were given such in reply #361 with a link to one of his papers describing his IGEM and methodology.

That model was used to model business response to taxed induced price changes. It did not explain how Jorgenson determined embedded taxes or the compliance costs of the current tax system. That is what I wanted to know. The link did not work either, so I don't even know what that was.

730 posted on 06/12/2005 10:17:08 AM PDT by Always Right
[ Post Reply | Private Reply | To 727 | View Replies ]


To: Always Right

That model was used to model business response to taxed induced price changes.

Precisely

It did not explain how Jorgenson determined embedded taxes or the compliance costs of the current tax system. That is what I wanted to know.

Jorgenson uses the existing changes in tax laws across a time span using government tax records, and evaluates them with respect to NIPA and other data series response to changes in tax policies to establish the parametric functions for a baseline model.

The embedded taxes are the same revenues collected by government from businesses found in federal tax data sets used to establish the parameters of the baseline calculation. The econometric responses of business, consumers, investors, and government, are incorporated into the parametric functions feeding the various mathmatical representations of the various economic sectors incorporated in his studies.

He runs the general equilibrium solutions against the time data series with baseline tax system, (the 80's -'96 tax code in the particular in study linked to), replaces the baseline tax policies with the test tax policy implemented and measures the difference in output as it is advanced as a function of time. That is what th J&W Intertemporal General Equilibrium Model does, solves the mathmatics that the empirical relationships of economic data and tax policy establish to provide a result that represent a macro look at economic responses to changes in the inputs (like tax law, or any other variable one wishes to study.)

The link did not work either,

Looks like Harvards Economics web server is apparently down for the weekend.

so I don't even know what that was.

You had the Title even a fairly substantial quote to use as a search aid in finding an alternate source.

Search engines are your friend, I would suggest you use them.

For your convienience, here is an alternative source for the same document I found for you using Google, the Jorgenson study for Baker there, is even in multiple formats so you can pick the format that suits you.

Revised April 12, 1999
The Economic Impact Of Fundamental Tax Reform bY Dale W. Jorgenson Harvard...
http://smealsearch2.psu.edu/29743.html

754 posted on 06/12/2005 11:21:36 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
[ Post Reply | Private Reply | To 730 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson