Benchmark equilibrium

25% unified tax rate equilibrium

Agriculture (Agriculture)

State-owned enterprises (SOEs)

Foreign investment enterprises (FIEs)

Other private enterprises (OPEs)

Agriculture (agriculture)

State-owned enterprises (SOEs)

Foreign investment enterprises (FIEs)

Other private enterprises (OPEs)

The enterprise income tax

0.0000

0.3000

0.0900

0.2200

0.0000

0.2500

0.2500

0.2500

The world price

1.00

1.00

1.00

1.00

1.00

1.00

1.00

1.00

The domestic price

1.1520

0.9407

0.9407

0.9407

1.1520

0.9407

0.9407

0.9407

The production output

2438.80229

9184.39403

6828.91845

7525.30157

2448.251556

9203.932898

6843.262383

7541.310888

Labor input

2543.69552

1724.52158

1540.71672

2166.67877

2536.873835

1769.804951

1566.498240

2102.435559

Capital investment

1054.47134

14309.78695

9636.70400

10501.57042

1189.099904

1.977241E+4

9459.329878

1.153799E+4

Wages

1.00000

2.29094

2.45106

1.77679

1.006574

2.541997

2.415781

1.834976

Return on capital

0.238922

0.232949

0.274761

0.291485

0.224400

0.210375

0.280501

0.280501

Net capital returns

0.238922

0.179192

0.238922

0.238922

0.224400

0.168300

0.224400

0.224400

Customs revenue

209.86699

209.86699

The export tax rebate

199.83492

199.83492

Corporate income tax revenues

2009.878378

2.542051E+4

Net trade balance

-1380.7039

1286.55079

1030.93306

1054.14496

-1380.7039

1286.55079

1030.93306

1054.14496

National income

2.536269E+4

2.542051E+4

The utility function value

6084.816514

6099.868765

Consumer demand

3819.506995

7897.844898

5797.986616

6471.157969

3828.955460

7917.382109

5812.329324

6487.165928