Guvenen, Fatih; Kambourov, Gueorgui; Kuruşçu, Burhanettin - National Bureau of Economic Research - 2024
taxation be structured to improve productivity, incentivize innovation, and ultimately increase welfare? We study these … by introducing either ex ante innovation or entrepreneurial effort in production and show that this strengthens our … innovation and entrepreneurial effort, leading to larger increases in productivity, output, and welfare …