Minford, A. Patrick L.; Meenagh, David; Wang, Jiang - Centre for Dynamic Macroeconomic Analysis, University … - 2006
The efect of taxation on growth is embodied in a model of a small open economy with endogenous growth. The structural model is estimated on post-war panel data for 76 countries and the bootstrap is used to produce the model’s sampling variation. Panel data regressions of growth on taxation do...