Equity and efficiency tradeoffs in Philippine tax reforms /
By: Habito, Cielito F.
Series: Vol. 14 No. 1 First Sem 1987.Description: p.57-88.Subject(s): Tax reforms - Philippines | TaxationOnline resources: Click here to access online In: Journal of Philippine DevelopmentSummary: The approach employed in this paper is to derive a frontier curve which defines the equity-efficiency tradeoff in the range of feasible tax structures for the Philippines. In effect , the objective is to be able to present tax policymakers with a menu of alternative tax structures which would yield the best combinations of efficiency and equity achievable for a given target level of government revenue. The next section starts with a brief exposition of the methodology employed in the analysis. The "equity-efficiency frontier" curves are then derived, and subsequently used in evaluating major tax reforms undertaken in 1977 and 1981The approach employed in this paper is to derive a frontier curve which defines the equity-efficiency tradeoff in the range of feasible tax structures for the Philippines. In effect , the objective is to be able to present tax policymakers with a menu of alternative tax structures which would yield the best combinations of efficiency and equity achievable for a given target level of government revenue. The next section starts with a brief exposition of the methodology employed in the analysis. The "equity-efficiency frontier" curves are then derived, and subsequently used in evaluating major tax reforms undertaken in 1977 and 1981