Showing 1 - 10 of 63
In a recent edition of Perspectives on Politics, Larry Bartels examines the high levels of support for tax cuts signed into law by President Bush in 2001. In so doing, he characterizes the opinions of “ordinary people” as being based on “simple-minded and sometimes misguided considerations...
Persistent link: https://www.econbiz.de/10005556921
Tax Burden, defined as the ratio of total tax revenues over personal income, is prominently used to summarize state tax policy. We analyze the empirical relationship between changes in Tax Burden and changes in state tax policy from 1987 to 2000 – as measured by states’ own forecasts of the...
Persistent link: https://www.econbiz.de/10005556950
This paper studies the effects of distortionary taxes and public investment in an endogenous growth OLG model with knowledge transmission. Fiscal policy affects growth in two respects: First, work time reacts to variations of prospective tax rates and modifies knowledge formation; second, public...
Persistent link: https://www.econbiz.de/10005561213
Meeting government revenue needs without inhibiting private sector development is a key challenge of tax policy during the transition from the socialist system. The paper explores issues in the design of tax bases and tax structures in the transition and argues that transition economies would...
Persistent link: https://www.econbiz.de/10005125910
Phased-in tax reductions are a common feature of tax legislation. This paper uses a dynamic general equilibrium model to quantify the effects of delaying tax cuts. According to the analysis of the model, the phased-in tax cuts of the 2001 tax law substantially reduced employment, output, and...
Persistent link: https://www.econbiz.de/10005126309
Can Africa's current state of under-development be partially attributed to the large trade in slaves that occurred … Africa between 1400 and 1913. I find the number of slaves exported from a country to be an important determinant of economic …
Persistent link: https://www.econbiz.de/10005556428
the WTO for Africa using a framework that explicitly incorporates issues of concern to the region, such as preference … on economic welfare and specialisation in Africa. In the static version of the GTAP model, the study finds that full … African region. Sub-Saharan Africa and, to a lesser extent, Southern Africa, are vulnerable to partial trade reforms as they …
Persistent link: https://www.econbiz.de/10005556452
The paper provides empirical estimates for import and revenue implications that would follow implementation of the planned customs union between the East African Community member states Kenya, Tanzania, and Uganda. We use 2002 trade and trade policy data for the three countries to simulate the...
Persistent link: https://www.econbiz.de/10005556453
The author argues that the doctrine of state supremacy in Africa suffered a crushing defeat at the hands of the …
Persistent link: https://www.econbiz.de/10005561041
DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...
Persistent link: https://www.econbiz.de/10005125934