What Do (and Don't) We Know about the Value Added Tax? A Review of Richard M. Bird and Pierre-Pascal Gendron's The VAT in Developing and Transitional Countries
Keen, Michael. 2009. "What Do (and Don't) We Know about the Value Added Tax? A Review of Richard M. Bird and Pierre-Pascal Gendron's The VAT in Developing and Transitional Countries."
Journal of Economic Literature,
The VAT has taken the tax world by storm over the last fifty years, but left little trace
in the academic literature. Bird and Gendron provide an impressively informed and
informative account of the VAT experience in lower income countries, largely vindicating
the tax and standard advice for its design. But they rightly stress too that
dominant "expert opinion" on the VAT remains troublingly uninformed by serious
analysis and evidence. This article focuses on some of these gaps and recent attempts
to start filling them.
Article Full-Text Access
Keen, Michael (IMF)
H25: Business Taxes and Subsidies including sales and value-added (VAT)
O23: Fiscal and Monetary Policy in Development