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The implications of heterogeneous resource intensities on technical change and growth
Pittel, Karen; Bretschger, Lucas - 2009
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10008746684
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Sectoral heterogeneity, resource depletion, and directed technical change : theory and policy
Pittel, Karen; Bretschger, Lucas - 2008
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10003762230
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The Implications of Heterogeneous Resource Intensities on Technical Change and Growth
Pittel, Karen; Bretschger, Lucas - 2014
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10014202253
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Sectoral Heterogeneity, Resource Depletion, and Directed Technical Change : Theory and Policy
Pittel, Karen; Bretschger, Lucas - 2008
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10014214475
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Taxation of oil products and GDP dynamics of oil-rich countries
Daubanes, Julien - 2009 - This version, February 9, 2009
over the last decades: the proportion of taxes in the prices of petroleum products have been globally increasing for the … oil-importing country are differently affected by increasing taxes on the resource use. The hypothesis is constructed on … the theory of non-renewable resources taxation. The argument is based on the distributional effects of taxes on …
Persistent link: https://www.econbiz.de/10008729538
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Energy prices and economic growth : theory and evidence in the long run
Berk, Ýstemi; Yetkiner, Hakan - 2013
In this paper, we attempt to derive and test the role of energy prices on economic growth. We first developed a two-sector endogenous growth model, based on Rebelo (1991). We modified the model such that consumption goods sector uses energy as an input along with capital. The model allows us to...
Persistent link: https://www.econbiz.de/10009741377
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Factor income taxation, growth, and investment specific technological change
Bishnu, Monisankar; Ghate, Chetan; Gopalakrishnan, Pawan - 2013
We construct a tractable endogenous growth model with production externalities in which the public capital stock augments investment specific technological change. We characterize the first best fiscal policy and show that there exist several labor and capital tax-subsidy combinations that...
Persistent link: https://www.econbiz.de/10009722010
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Employment and Growth Effects of Tax Reforms
Michaelis, Jochen; Birk, Angela - 2004
tax swaps between wage income taxes, payroll taxes, capital income taxes and taxes levied on capital costs. In our …
Persistent link: https://www.econbiz.de/10014070386
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Optimal parental leave subsidization with endogenous fertility and growth
Yew, Siew Ling; Li, Shuyun May; Moslehi, Solmaz - 2022
economic growth. It may improve welfare despite the distortionary effects of labor income taxes in exacerbating the problems of …
Persistent link: https://www.econbiz.de/10013308226
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Non-Linear Effects of Taxation on Growth
Jaimovich, Nir - 2015
We study a model in which the effects of taxation on growth are highly non-linear. Marginal increases in tax rates have a small growth impact when tax rates are low or moderate. When tax rates are high, further tax hikes have a large, negative impact on growth performance. We argue that this...
Persistent link: https://www.econbiz.de/10013025298