The Puerto Rico Revenue Projection Model: An Econometric Approach

Autor: Victor Sepulveda, John R. Newton
Rok vydání: 1984
Předmět:
Zdroj: Review of Regional Studies. 14
ISSN: 1553-0892
0048-749X
DOI: 10.52324/001c.9704
Popis: With the increasing demands of credit markets for believable estimates, especially during periods of unstable fiscal climates, many jurisdictions have seen the need for a more reliable and consistent means of projecting revenues and preparing budgets. In response to this need, the Puerto Rico Treasury has developed a new set of econometric equations to predict aggregate revenues by sources. These equations form part of a larger model of the Puerto Rican economy. This paper presents the proposed forms of the tax equations, the statistical results of estimating them, and projections made using them.
Databáze: OpenAIRE