The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 3 Incidence of value-added tax policy options.
Households | Income level (highest to lowest) | Equivalent variation as percentage of income under 2.5% VAT policy | Equivalent variation as percentage of income under 5% VAT policy | Equivalent variation as percentage of income under 10% VAT policy |
|---|---|---|---|---|
Rural non-poor | 1 | − 2.69 | − 1.85 | − 4.37 |
Urban non-poor | 2 | − 5.82 | − 5.84 | − 10.55 |
Rural moderately poor | 3 | − 4.49 | − 0.33 | − 7.33 |
Urban moderately poor | 4 | − 0.30 | − 1.40 | − 2.11 |
Rural poor | 5 | − 3.45 | − 2.38 | − 4.69 |
Urban poor | 6 | − 2.82 | − 0.92 | − 4.61 |