Tax Policy and U.S. Agriculture: A General Equilibrium Analysis
使用可计算一般均衡模型，分析1977年取消农业和食品税收优惠的影响，发现这些优惠降低了食品成本约45亿美元，同时提高了农业土地、劳动和资本的税后回报。
Abstract This article emloys a computable general equilibrium model to analyze the effects of eliminating farm and food tax preferences in 1977. Tax differentials on capital income, labor payments, and production and sales taxes are each examined. Results indicate that these combined preferences lowered food costs by about $@@‐@@4.5 billion while enhancing after‐tax returns to farm land, labor, and capital. The associated general equilibrium tax expenditure is estimated to have been between $@@‐@@5.5 and $@@‐@@6.6 billion.