Macmillan Degree, New york

presumptions. Subject to brand new restrictions of your own investigation, the outcome appear to recommend that a good ten% VAT into the manure often biguously boost limited rates and you may depress maize creation of the twenty four%. In contrast, an excellent ten% fertilizer subsidy wil dramatically reduce marginal pricing by the 17%, raise manure request of the 22.4% and you can expand maize also provide by twenty-seven%. Maize growers would feel a gain from inside the online funds around 30% along side situation in place of a beneficial subsidy. The related subsidy rates would-be 6% the revenue acquire of the growers. Such estimates might be used in plan study to compare which have some great benefits of other programs and you can/and/or can cost you out of almost every other tax cash provide.

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