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Capital adjustment cost and inconsistency in income-based dynamic panel models with fixed effects (2019)
Journal Article
Basu, P., Bhattarai, K., & Getachew, Y. (2019). Capital adjustment cost and inconsistency in income-based dynamic panel models with fixed effects. German Economic Review, 20(4), e1002-e1018. https://doi.org/10.1111/geer.12202

After the seminal work of Nickell (1981), a vast literature demonstrates the inconsistency of ‘conditional convergence’ estimator in income-based dynamic panel models with fixed effects when the time horizon (T) is short but the sample of countries (... Read More about Capital adjustment cost and inconsistency in income-based dynamic panel models with fixed effects.

General Equilibrium Impacts of VAT and Corporate Income Tax in Thailand (2019)
Journal Article
Benjasak, C., & Bhattarai, K. (2019). General Equilibrium Impacts of VAT and Corporate Income Tax in Thailand. International Advances in Economic Research, 25(3), 263-276. https://doi.org/10.1007/s11294-019-09742-7

In this paper, a computable general equilibrium model of Thailand is constructed in order to assess economy-wide impacts of reforms in the value added tax (VAT) and corporate income tax (CIT) on welfare and reallocation of resources across production... Read More about General Equilibrium Impacts of VAT and Corporate Income Tax in Thailand.

Impacts of direct and indirect tax reforms in Vietnam: A CGE analysis (2019)
Journal Article
Bhattarai, K., Nguyen, D. T. K., & Van Nguyen, C. (2019). Impacts of direct and indirect tax reforms in Vietnam: A CGE analysis. Economies, 7(2), Article 50. https://doi.org/10.3390/economies7020050

The study applies a multi-sector multi-household static computable general equilibrium (CGE) tax model to assess the economy-wide impacts of taxes in Vietnam. It examines two tax reform scenarios based on the tax reform plan proposed by the Vietnam M... Read More about Impacts of direct and indirect tax reforms in Vietnam: A CGE analysis.