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State tax revenues-new methods of forecasting
Abstract This paper presents an econometric schema for tax revenue forecasting for regions which are apparently insensitive to national business cycle phenomena. ARIMA methods and simulation procedures for forecasting exogenous income components are linked to standard regression tax forecasting equations for individual income, sales, and use taxes. The procedure is exemplified by the case for Iowa. Forecast accuracy suggests the worth of this approach.
State tax revenues-new methods of forecasting
Abstract This paper presents an econometric schema for tax revenue forecasting for regions which are apparently insensitive to national business cycle phenomena. ARIMA methods and simulation procedures for forecasting exogenous income components are linked to standard regression tax forecasting equations for individual income, sales, and use taxes. The procedure is exemplified by the case for Iowa. Forecast accuracy suggests the worth of this approach.
State tax revenues-new methods of forecasting
Barnard, Jerald R. (Autor:in) / Dent, Warren T. (Autor:in)
1979
Aufsatz (Zeitschrift)
Englisch
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