The impacts of trade blocks and tax reforms on the Brazilian economy

Revista Brasileira de Economia

Alexandre Cunha²  Arilton Teixeira¹ 

[1] ,Ibmec Business School

关键词: trade blocks;    tax reform;    welfare;   

DOI  :  10.1590/S0034-71402004000300002

来源: SciELO

【 摘 要 】

This paper uses a general equilibrium model to evaluate the impacts of trade agreements and tax reforms on the Brazilian economy. The model predicts that welfare gains will happen whether Argentina reduces the tariffs it places on Brazilian products or the Free Trade Area of the Americas (FTAA) is implemented. However, the FTAA engenders larger welfare gains. These gains will be even larger if the FTAA is implemented simultaneously to a reduction on domestic consumption taxes. These findings suggest that most of the gains come from the reduction of Brazilian tariff and tax rates.

【 授权许可】

CC BY   
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