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direct investment (FDI) flows around the world. This study estimates the determinant of FDI flows using the gravity equation …
Persistent link: https://www.econbiz.de/10013037344
governments across the world. The rate of growth can be affected by policy choices through the effect that taxation has upon …
Persistent link: https://www.econbiz.de/10012446329
sustainable development viewpoint there has been a growing concern that the economic expansion of the world economy will cause …
Persistent link: https://www.econbiz.de/10014074670
This paper adds to the literature on tax policy and economic growth by examining the effects of tax cuts on labor and capital within an endogenous growth model with public capital and elastic labor supply. The impact of tax cuts on growth rates and government revenues is shown to vary...
Persistent link: https://www.econbiz.de/10013158438
How is a developing country affected by its government's ability to borrow in international markets? We examine the dynamics of a country's growth, consumption, and sovereign debt, assuming that the government's objective is to maximize short-term, typically wasteful, expenditures. Sovereign...
Persistent link: https://www.econbiz.de/10012839380
The U.S. economy is growing more slowly than it can and should be growing because it does not invest enough in infrastructure, science, and education. There is an important procedural obstacle to funding public investments — a process of scoring the economic effect of legislation. This process...
Persistent link: https://www.econbiz.de/10013249451
. Thus the study of this phenomenon represents a challenging endeavor. While most economics papers begin with theory and … support that theory with econometric evidence, the literature on Environmental Kuznets Curves has proceeded in the opposite … direction: first developing an empirical observation about the world, and then attempting to supply appropriate theories. A …
Persistent link: https://www.econbiz.de/10011592753
This paper investigates the effect of wealth taxation on economic growth using an endogenous growth model with the altruistic bequest motive. We introduce intragenerational productivity differentials of human capital formation, resulting in differences of growth rates among individuals. The...
Persistent link: https://www.econbiz.de/10014140677
. Thus the study of this phenomenon represents a challenging endeavor. While most economics papers begin with theory and … support that theory with econometric evidence, the literature on Environmental Kuznets Curves has proceeded in the opposite … direction: first developing an empirical observation about the world, and then attempting to supply appropriate theories. A …
Persistent link: https://www.econbiz.de/10014074669
Persistent link: https://www.econbiz.de/10009572330