This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made...

In this paper, the statistical data of macroeconomic flows, national accounts, production, and employment, combined public sector, financial sector, and external sector are presented in detail. They are listed as follows: aggregate supply and demand, the volume of mining production, mining...