TAX REFORMS AS A FACTOR OF ENHANCING THE PUBLIC ADMINISTRATION QUALITY (THE CASE OF THAILAND)
This paper details an understanding of some various business cycle impulses of macro working mechanisms (and their on-going progress), attempting to link the varying public and private sectors to differing economic outcomes of DSGE model (Dynamic Stochastic General Equilibrium model) that captures key aspects of macroeconomic policy and transmission mechanism between policy actions of tax revenue (% of GDP) and economic fluctuations. The model emphasizes the ability of different tax revenue reforming structures for improving public administration quality especially the public finance policy and to overcome distributional and efficiency problems inherent in business cycles
Brandt, P. T. & Freeman, J.R. (2009). Modeling Macro political dynamics. Political Analysis, 17 (2): 113–142.
Brandt, P. T. , Freeman, J.R. & Schrodt, P.A. (2011). Real time, time series forecasting of political conflict. Conflict Management and Peace Science, 28: 41–64.
Brandt, P. T., M. Colaresi & Freeman, J. R. (2008). The dynamics of reciprocity, accountability, and credibility. Journal of Conflict Resolution, 52: 343–374.
Brandt, P. T. , Freeman, J.R. , Lin, T. & Schrodt, P. (2012). A Bayesian Time Series Approach to the Comparison of Conflict Dynamics. Prepared for APSA.
Fruhwirth-Schnatter, S. (2001, March). Markov chain monte carlo estimation of classical Sims, C. A., D. F. Waggoner, and T. Zha (2008, October). Methods for inference in large multiple-equation Markov-switching models. Journal of Econometrics 146(2):255–274
Fruhwirth-Schnatter, S. (2006). Finite Mixture and Markov Switching Models. Springer Series in Statistics. New York: Springer.
Koop, G. & Korobilis, D. (2010). Bayesian Multivariate Time Series Methods for Empirical Macroeconomics. Foundations and Trends® in Econometrics: 3, 4: 267-358.
Sims, C. A., Waggoner,D. & Tao Zha. (2008). Methods for inference in large multiple-equation Markov-switching models. Journal of Econometrics 146(2): 255–274
Abstract views: 157 PDF Downloads: 90
International College Suan Sunandha
Rajabhat University, Bangkok, Thailand