This paper examines the investment effects of tax subsidies for which some assets and not others are eligible …. Distortionary tax subsidies encourage firms to concentrate investments in tax-favored assets profitability of investment and …, which in turn discourages investment. Borrowing rates react so strongly that aggregate investment may rise very little, or …

The taxation of corporate assets is well understood to influence investment and firm valuation. This paper explores the … incentives than those implied by the usual static analysis. Simulation results suggest that investment is sensitive to future tax …

Harberger triangles are used to calculate the efficiency costs of taxes, government regulations, monopolistic practices … evaluation of deadweight loss estimates led to new theories of rent-seeking and other inefficiencies of economies with multiple …