Wine export shocks and wine tax reform in Australia: regional consequences using an economy - wide approach
We provide economy-wide modelling results of the national and regional implications of two current challenges facing the Australian wine industry: a decline in export demand, and a possible change in the tax on domestic wine sales following the Henry Review of Taxation. The demand shock causes regional GDP to fall in the cool and warm wine regions, but not in the hot wine regions unless the shock is large. A change from the current ad valorem tax to a similarly low volumetric tax on domestic...[Show more]
|Collections||ANU Research Publications|
|Source:||Economic Papers 30. 3 (2011): 386–399|
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