00000ctm a22000004i 4500 UP-99796217613057647 Buklod 20190716170820.0 aa r ||| u ta 190716s2018 xx d r |||| u| (iLib)UPD-00409864591 DECON rda eng DMLUC LG 993.5 2018 E2 C37 Carabio, Sheridan Lance A. author. Who will be on board the TRAIN to inclusive growth? an economic analysis on the impact of tax reform in the Philippines by Sheridan Lance A. Carabio and Grace Mabel M.Z. Gonzales ; Stella Luz A. Quimbo and Orville Jose C. Solon, advisers. Quezon City School of Economics, University of the Philippines Diliman 2018. 6 unnumbered leaves, 47 leaves 28 cm. text rdacontent unmediated rdamedia volume rdacarrier Thesis (B.S. Business Economics) -- University of the Philippines Diliman December 2018. This paper investigates the impact of the provisions of the new tax system brought by TRAIN Law Package 1 on household consumption across income deciles in the Philippines. Using the demand function and Log_Log Regression, we estimate the income and price elasticities of demand for rice, meat, fish, vegetables, and fruit commodities across all income deciles. These elasticities were further used to simulate changes in the dependent variable _ the quantity of each commodity due to price and income. The simulation results show that on average, all commodities across income deciles show a negative percentage change in quantities consumed taking into account effects both due to income and indirect taxation. The first income decile shows the lowest coefficient relative to the highest income decile with negative 23.56 percent for rice, negative 22.49 percent for meat, negative 15.07 percent for vegetables, and negative 12 percent for fruits. For the fish section, the largest forecasted decrease in quantity consumed per household, relative to the tenth decile, is reflected in the fourth decile at 18.98 percent. However, the first decile still exhibits a significantly large reduction in quantity at 11.15 percent. This implies that all income deciles are expected to lose from the new tax system, with the lower income deciles to lose more, and the lowest income decile to lose the most. Taxation Philippines. Economic development Philippines. Tax Reform for Acceleration and Inclusion (TRAIN) Act. Gonzales, Grace Mabel M.Z. joint author. Quimbo, Stella Luz A. thesis adviser. Solon, Orville Jose C. thesis adviser. FI UP UPD DECON LG 993.5 2018 E2 C37 Thesis