Abstract
In this paper we report on work in progress on the construction and use of an empirically based general equilibrium model of the United Kingdom economy and tax system. The model is solved for alternative equilibrium solutions corresponding to various different tax policy alternatives capable of being considered. Comparisons between equilibria are intended to provide calculations of social loss or gain, the distribution of gains and losses, indications of which industries expand and which contract, and other features, as an input into the wider process of policy decision making. The model is presented in more detail in Piggott and Whalley [1976 and forthcoming]; our solution method has in practice presented no convergence difficulties.
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