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[1] - added the overall budgetary impact metric #20

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192 changes: 192 additions & 0 deletions policyengine/economic_impact/budgetary_impact/by_program/by_program.py
Original file line number Diff line number Diff line change
@@ -0,0 +1,192 @@
from policyengine.economic_impact.base_metric_calculator import BaseMetricCalculator
from policyengine_uk import Microsimulation

class IncomeTax(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("income_tax", map_to="household").sum()
reform = self.reformed.calculate("income_tax", map_to="household").sum()

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class NationalInsurance(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("national_insurance", map_to="household").sum()
reform = self.reformed.calculate("national_insurance", map_to="household").sum()

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class Vat(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("vat", map_to="household").sum()
reform = self.reformed.calculate("vat", map_to="household").sum()

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class CouncilTax(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("council_tax", map_to="household").sum()
reform = self.reformed.calculate("council_tax", map_to="household").sum()

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class FuelDuty(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("fuel_duty", map_to="household").sum()
reform = self.reformed.calculate("fuel_duty", map_to="household").sum()

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class TaxCredits(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("tax_credits", map_to="household").sum() * -1
reform = self.reformed.calculate("tax_credits", map_to="household").sum() * -1

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class UniversalCredit(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("universal_credit", map_to="household").sum() * -1
reform = self.reformed.calculate("universal_credit", map_to="household").sum() * -1

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class ChildBenefit(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("child_benefit", map_to="household").sum() * -1
reform = self.reformed.calculate("child_benefit", map_to="household").sum() * -1

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class StatePension(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("state_pension", map_to="household").sum() * -1
reform = self.reformed.calculate("state_pension", map_to="household").sum() * -1

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}

class PensionCredit(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline = self.baseline.calculate("pension_credit", map_to="household").sum() * -1
reform = self.reformed.calculate("pension_credit", map_to="household").sum() * -1

change = ((reform - baseline) / baseline) * 100

return {
"baseline": round(baseline,2),
"reform": round(reform,2),
"change": round(change,1)
}
Empty file.
71 changes: 71 additions & 0 deletions policyengine/economic_impact/budgetary_impact/overall/overall.py
Original file line number Diff line number Diff line change
@@ -0,0 +1,71 @@
from policyengine.economic_impact.base_metric_calculator import BaseMetricCalculator
from policyengine_uk import Microsimulation

class BudgetaryImpact(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline_total_tax = self.baseline.calculate("household_tax").sum()
reformed_total_tax = self.reformed.calculate("household_tax").sum()

tax_revenue_impact = reformed_total_tax - baseline_total_tax

baseline_total_benefits = self.baseline.calculate("household_benefits").sum()
reformed_total_benefits = self.reformed.calculate("household_benefits").sum()


benefit_spending_impact = reformed_total_benefits - baseline_total_benefits

budgetary_impact = tax_revenue_impact - benefit_spending_impact



return {
"budgetary_impact" : round(budgetary_impact,2)
}

class BenefitSpendingImpact(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline_total_benefits = self.baseline.calculate("household_benefits").sum()
reformed_total_benefits = self.reformed.calculate("household_benefits").sum()


benefit_spending_impact = reformed_total_benefits - baseline_total_benefits



return {
"baseline_total_benefits": round(baseline_total_benefits,2),
"reformed_total_benefits": round(reformed_total_benefits,2),
"benefit_spending_impact": round(benefit_spending_impact,2)
}

class TaxRevenueImpact(BaseMetricCalculator):
def __init__(self, baseline: Microsimulation, reformed: Microsimulation, default_period: int = 2024) -> None:
super().__init__(baseline, reformed, default_period)
self.baseline = baseline
self.reformed = reformed

def calculate(self):

baseline_total_tax = self.baseline.calculate("household_tax").sum()
reformed_total_tax = self.reformed.calculate("household_tax").sum()

tax_revenue_impact = reformed_total_tax - baseline_total_tax


return {
"baseline_total_tax": round(baseline_total_tax,2),
"reformed_total_tax": round(reformed_total_tax,2),
"tax_revenue_impact": round(tax_revenue_impact,2)
}
33 changes: 33 additions & 0 deletions policyengine/economic_impact/economic_impact.py
Original file line number Diff line number Diff line change
Expand Up @@ -22,6 +22,26 @@
FemalePoverty as DeepFemalePoverty,
AllPoverty as DeepGenderAllPoverty
)

from .budgetary_impact.by_program.by_program import (
IncomeTax,
NationalInsurance,
Vat,
CouncilTax,
FuelDuty,
TaxCredits,
UniversalCredit,
ChildBenefit,
StatePension,
PensionCredit
)

from .budgetary_impact.overall.overall import (
BudgetaryImpact,
BenefitSpendingImpact,
TaxRevenueImpact
)

from typing import Dict

class EconomicImpact:
Expand Down Expand Up @@ -55,6 +75,19 @@ def __init__(self, reform: dict, country: str) -> None:

# Set up metric calculators
self.metric_calculators: Dict[str, object] = {
"budgetary/overall/budgetary_impact" : BudgetaryImpact(self.baseline, self.reformed),
"budgetary/overall/benefit_spending_impact" : BenefitSpendingImpact(self.baseline, self.reformed),
"budgetary/overall/tax_revenue_impact" : TaxRevenueImpact(self.baseline, self.reformed),
"budgetary/by_program/income_tax" : IncomeTax(self.baseline, self.reformed),
"budgetary/by_program/national_insurance" : NationalInsurance(self.baseline, self.reformed),
"budgetary/by_program/vat" : Vat(self.baseline, self.reformed),
"budgetary/by_program/council_tax" : CouncilTax(self.baseline, self.reformed),
"budgetary/by_program/fuel_duty" : FuelDuty(self.baseline, self.reformed),
"budgetary/by_program/tax_credits" : TaxCredits(self.baseline, self.reformed),
"budgetary/by_program/universal_credits" : UniversalCredit(self.baseline, self.reformed),
"budgetary/by_program/child_benefits" : ChildBenefit(self.baseline, self.reformed),
"budgetary/by_program/state_pension" : StatePension(self.baseline, self.reformed),
"budgetary/by_program/pension_credit" : PensionCredit(self.baseline, self.reformed),
"inequality/gini": GiniCalculator(self.baseline, self.reformed),
"inequality/top_1_pct_share": Top1PctShareCalculator(self.baseline, self.reformed),
"inequality/top_10_pct_share": Top10PctShareCalculator(self.baseline, self.reformed),
Expand Down
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