期刊名称：Discussion paper / Centre for International Economic Studies, University of Adelaide
电子版ISSN：1445-3746
出版年度：2009
卷号：2009
期号：1
出版社：Centre for International Economic Studies, University of Adelaide
摘要：We provide economy-wide modeling results of the national and regional implications of two
current challenges facing the Australian wine industry: a decline in export demand for
premium wines, and a possible change in the tax on domestic wine sales following the Henry
Review of Taxation. The demand shock causes regional GDP to fall in the cool and warm
wine regions but not in the hot wine regions unless the shock is large. A change from the
current ad valorem tax to a similarly low volumetric tax on domestic wine sales causes
regional GDP to rise in the cool and warm wine regions, partly offsetting its fall due to the
export demand shock; but GDP in the hot wine regions would fall substantially. The switch to
a volumetric tax as high as the standard beer rate would raise tax revenue and lower domestic
wine consumption by more than one-third, but would induce a one-third decrease in
production of non-premium wine as its consumer price would rise by at least three-quarters
(while the average price of super premium wines would change very little), hence
exacerbating the difference in effects of a tax reform on hot versus warm and cool wine
regions’ GDP.
