Our Research
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GEA is currently
providing technal assistance to the country of Barbados. As the current
fiscal environment becomes tenuous, the government wishes to consider
potential options for tax and fiscal reforms. The primary deliverable
for this project is to construct and deploy a computable general
equilibrium model for Barbados, so that several proposed tax-policy
reform measures can be considered by the Ministry of Finance and
Economic Affairs.
However, construction of the model requires extensive economic data, some of which has not been constructed or that is very old. The second part of this project is to construct a new set of Supply and Use tables, so that researchers and policymakers will have a more modern economic depiction of the Barbadian economy. -
Use best-practice econometric models to provide detailed State Level tax forecasts for the Transportation Department of the State of Colorado. The forecast periods are 12-months, 6-years, and 30-years. Work is collaborative, where Miles Light is the team leader, and for years 2 and 3, Dr. Light presents the Sales Tax forecasts to the Transportation Department Executive Committee.
- . Determine how the Panama Canal Expansion will impact trade-flows through the Canal. Then provide a model that links this trade expansion path to the local economy. The final product is a set of reports how to better measure these impacts, and a model that can be used by the Panama Canal Authority (ACP).
Evaluate Mongolias existing fiscal structure, identify areas for improvement, and prescribe policies related to fiscal reform that will promote productivity and competitiveness. The government of Mongolia currently uses this analysis and is undertaking a comprehensive tax reform based upon the model results. The project lasted approximately 4 months over the year. Further training and model refinement occured in 2016.