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An econometric model for forecasting internal taxes: a national level approach.

By: Manasan, Rosario G.
Series: PIDS Working Paper No.8108.Publisher: Makati City: Philippine Institute for Development Studies, 1981Description: 120pages.Subject(s): Forecasting model. Internal taxes. Income taxes. License. Business taxes. Specific taxesOnline resources: Click here to access online
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Books Books Philippine Institute for Development Studies
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PIDS 02.01.01 WP8108 1981 F (Browse shelf) Available 200302004097

Tax revenue forecasting is an essential input in the budgetary process. The ability to project and forecast future tax collections is an important element in the identification of future budgetary gaps and in the planning of new tax measures that may be needed to meet these needs. In addition, taxes play a major role in financing of the country's economic and social development. It is the purpose of this paper to develop, specify and estimate a forecasting model for internal taxes. In particular, this paper attempts to estimate a tax-forecasting model that has a higher level of disaggregation.

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