In the conventional literature related to investment decisions, less attention has been paid to the length of maturity when investment is debt-financed. In such a case a firm pays the creditor not only the sum of annual interest (initial investment cost multiplied by real interest rate) for the...

This study compares incentive effects of various tax depreciation methods currently adopted in European transition economies. In these countries straight-line, geometric-degressive and accelerated depreciation measures are quite popular in combination with different corporate tax rates. Their...

Corporate tax reforms carried out in EU countries since 1980 entail lower statutory tax rates and reductions in generous tax depreciation provisions. Several countries, including the UK, have reduced tax rates for small and medium-sized enterprises (SMEs). This study compares incentive effects...

Not only transition countries but also a large number of developing (and developed) countries have established free economic zones (FEZs) with the aim of attracting foreign capital by providing tax incentives, creating employment opportunities and promoting exports as well as regional...

In The Decline of the Welfare State, Assaf Razin and Efraim Sadka use a political economy framework to analyze the effects of aging populations, migration, and globalization on the deteriorating system of financing welfare state benefits as we know them. Their timely analysis, supported by a...

Das RECITE-Programm, speziell die regionale Zusammenarbeit zwischen Bayern, Valencia, Andalusien und Norte, zielt darauf ab, grenzüberschreitende Informationen auszutauschen und eine intensivere Zusammenarbeit zwischen Wirtschaftsforschungsinstituten, Universitäten und anderen Einrichtungen in...

Auf Grundlage der empirischen Analysen und Fallstudien, in deren Rahmen die endogenen und exogenen Bedingungsfaktoren regionalwirtschaftlicher Entwicklung und Perspektiven (Wirtschaftsstruktur, Produktivität, Außenverflechtung, Arbeitsmarkt, klassische Infrastruktur wie Verkehr, Kommunikation,...

Die Studie vergleicht verschiedene Abschreibungsmethoden und deren Anreizwirkung für neue Investitionen. Der Vergleich beschränkt sich dabei auf Steuersysteme der Europäischen Union. Der Bericht geht von der Steuerneutralität des Modells von Samuelson aus. Weiterhin werden die...