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This paper investigates the relationship between economic growth in Poland and four types of taxes and human capital … 2000- 2011, economic growth in Poland was primarily due to a rapid increase in the human capital stock (at a rate of 5% per … annum) and only secondarily due to the accumulation of productive capital (2.7% annually). Simulations of tax cuts suggest …
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production side of this same economy, we concentrate on a final good that is produced using creative and physical capital. In … to the share of physical capital in our region’s total income. Finally, we analyze what happens to the asymptotic growth … rate of physical capital and consumption when a regional authority taxes the returns from physical capital …
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was primarily driven by rapid improvements in the level of human capital (at 4.4% per annum) coupled with a rapid increase … in public capital (6.0%) and secondarily due to the accumulation of private capital (2.1% annually). Simulations of tax … would increase the growth rate by approximately 0.3 pp. We also analyze the effects of increasing public capital. The stock …
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