Table VIII The effect of industrial... | Emerald Publishing

Table VIII

The effect of industrial tariff elimination on government income and social welfare (unit: million VND)

	Benchmark	Simulation	Deviation	Percentage change
Income tax	389,556,031	425,110,380	35,554,349	9.13
Production tax	308,059,000	318,359,547	10,300,547	3.34
Tariff	70,045,000	6,581,851	−63,463,149	−90.60
Government Income	767,660,031	750,051,778	−17,608,253	−2.29
Utility	737,564,507	804,881,206	67,316,699	9.13
EV		168,451,055

	Benchmark	Simulation	Deviation	Percentage change
Income tax	389,556,031	425,110,380	35,554,349	9.13
Production tax	308,059,000	318,359,547	10,300,547	3.34
Tariff	70,045,000	6,581,851	−63,463,149	−90.60
Government Income	767,660,031	750,051,778	−17,608,253	−2.29
Utility	737,564,507	804,881,206	67,316,699	9.13
EV		168,451,055

Source: Result from the CGE model performed by FORTRAN program