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Optimal threshold taxation : an empirical investigation for developing economies
Menescal, Lucas; Alves, José - 2022
In this empirical study we assess both linear and nonlinear relationship between total taxation and several tax items … evaluate the effects of taxation on economic growth for both short and long run perspectives, and to find optimal tax threshold … values. We obtain evidence of nonlinear relationships between all tax items, except for corporate income taxation, as well as …
Persistent link: https://www.econbiz.de/10013255645
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Optimal Threshold Taxation : An Empirical Investigation for Developing Economies
Menescal, Lucas; Alves, José - 2022
In this empirical study we assess both linear and nonlinear relationship between total taxation and several tax items … evaluate the effects of taxation on economic growth for both short and long run perspectives, and to find optimal tax threshold … values. We obtain evidence of nonlinear relationships between all tax items, except for corporate income taxation, as well as …
Persistent link: https://www.econbiz.de/10014082240
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Foreign aid, poor data, and the fragility of macroeconomic inference
Roger, Lionel - 2015
The link between foreign aid and economic growth remains a controversial issue in the literature, and a large share of the disagreement could be explained by differences in the data employed. Using GDP data from three different versions of the Penn World Table and the World Development...
Persistent link: https://www.econbiz.de/10011375893
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How Does Inequality Affect Long-Run Growth?
Gutierrez-Romero, Roxana - 2017
This article shows that countries with higher historical levels of income inequality, dating back to the early 1800s, experienced lower rates of growth centuries after in terms of number of firms created, number of employees hired, firms' output, value added and profit margin. To increase the...
Persistent link: https://www.econbiz.de/10012945464
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The Landscape of Economic Growth : Do Middle-Income Countries Differ?
Eichengreen, Barry - 2018
We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in low- and middle-income countries, but appears to...
Persistent link: https://www.econbiz.de/10012917833
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Specialization and Market Development as Engines of Growth
Phillips, Kerk - 2012
This paper constructs a model of growth based on Adam Smith's notions of specialization and extent of the market. We seek to explain the following stylized facts. 1) The share of household production in total output has fallen over time as the economy has grown. 2) Services as a percent of GDP...
Persistent link: https://www.econbiz.de/10013110580
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Taxation, economic growth, and liberty
Rabushka, Alvin
Persistent link: https://www.econbiz.de/10001266828
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Fiscal structures and economic growth : international evidence
Miller, Stephen M. - In: Economic inquiry : journal of the Western Economic … 35 (1997) 3, pp. 603-613
Persistent link: https://www.econbiz.de/10001227176
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Culture, diffusion, and economic development
Harutyunyan, Ani; Özak, Ömer - 2016
This research explores the effects of culture on technological diffusion and economic development. It shows that culture's direct effects on development and barrier effects to technological diffusion are, in general, observationally equivalent. In particular, using a large set of measures of...
Persistent link: https://www.econbiz.de/10011528503
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Growth impacts of the exchange rate and technology
Márquez-Velázquez, Alejandro - 2016
based on the purchasing-power-parity theory corrected by the Balassa-Samuelson effect. On the other hand, the index of …
Persistent link: https://www.econbiz.de/10011536945