abolfazl ghiasvand; fatemeh abdolshah
Volume 15, Issue 59 , January 2016, , Pages 161-187
Abstract
In this paper, resilience of an economic system is measured by an overall index, based on the Borman et al. index, for the period of 1996-2013. The results are then compared with Briguglio index. To measure the final index, the first step is to make variables have a similar direction. The second step ...
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In this paper, resilience of an economic system is measured by an overall index, based on the Borman et al. index, for the period of 1996-2013. The results are then compared with Briguglio index. To measure the final index, the first step is to make variables have a similar direction. The second step is normalization of variables that their values reside between zero and one. In the last step we calculate the weighted average of variables. The value of Resilience Index is between zero and one. The closer the index to zero, the less resilient will be the economic system. In versus, The closer the index to one, the more resilient the economy. The results show that resilience was low during whole the period under consideration. Resilience reached its peak in 2001, because the budget deficit and inflation rate were reduced and governance has been improved. Then the trend started to decline. The Resilience index reached its minimum level after year 2007. According to the indeces, the main reasons were governance and market efficiency indeces.
Abolfazl Ghiasvand; Reyhane Movagharisadat Mahalle
Volume 11, Issue 42 , October 2011, , Pages 141-159
Abstract
The main reason for focusing on value added tax (VAT) is expanding tax base and
increasing tax revenues. Regarding the implementation of VAT Act initiated in October
2008, this paper attempts to estimate tax revenue resulting from this Act, which is based on
input ! output table and production method.
Based ...
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The main reason for focusing on value added tax (VAT) is expanding tax base and
increasing tax revenues. Regarding the implementation of VAT Act initiated in October
2008, this paper attempts to estimate tax revenue resulting from this Act, which is based on
input ! output table and production method.
Based on the results of this research, VAT base according to the Act is about 44 percent of
GDP; with regard to the rate of 1/5 percent, potential VAT revenue will be 0/67 percent of
GDP.
Results of this study show that the full implementation of VAT act with rate of 1/5
percent will not have significant effect on reducing the operating budget deficit. The VAT
rate should be increased in order to makeup such a deficit.
