Through empirical analysis of New Zealand’s tax system, Creedy (economics, U. of Melbourne, Australia) analyzes the equity and efficiency effects of the imposition of indirect taxes,
specifically the broad-based Goods and Services Tax and hypothetical interactions commodity excises on alcohol, tobacco, and petroleum and proposed carbon and other environmental taxes. He uses
partial equilibrium models to explore these hypothetical policy reforms and their possible effects on the welfare losses of households at different levels, effects on consumer prices, tax
revenue, and tax progressivity. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
