Determining the Taxation and Investment Impacts of Estonia´s 2000 Income Tax Reform

This paper analyses the investment effects of the 2000 tax reform in Estonia. More precisely, it studies the impact of the shift from an imputation system to a system in which companies pay taxes only with respect to distributed profits. The paper uses Tobin´s q theory of investment and numerical simulations reach the conclusion of 6.1% increase in the equipment capital stock over the long run.

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Year of publication:	2002-04
Authors:	Funke, Michael
Institutions:	Institut für Makroökonomie und Wirtschaftspolitik, Fachbereich Volkswirtschaftslehre

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Extent:	application/pdf
Series:	Quantitative Macroeconomics Working Papers.
Type of publication:	Book / Working Paper
Classification:	E22 - Capital; Investment (including Inventories); Capacity ; E62 - Fiscal Policy; Public Expenditures, Investment, and Finance; Taxation ; H25 - Business Taxes and Subsidies ; O52 - Europe
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005582261