Showing 1 - 10 of 591
bases and tax rates prevailing in the country. The special rates of tax, allowable deductions and exemptions, rebates …, cut corporate tax rates, phase out exemptions and simplify rules on corporate mergers. The direct tax reforms are … basically aimed at doing away with the 'plethora of exemptions.' Tax exemptions if faced out will lead to greater level of tax …
Persistent link: https://www.econbiz.de/10013101780
This paper uses a pooled mean group (PMG) estimator to evaluate the effects of tax policy on state-level growth. We find that property and sales tax rates have negative effects on long-run income growth, while income tax rates have no impact
Persistent link: https://www.econbiz.de/10013076051
Inclusive growth, narrowly defined in this paper as growth that helps reduce inequality, is achieved if consumption of the poor increases faster than consumption of the rich. The paper presents a simple accounting framework for a per-percentile consumption diagnostics that could inform...
Persistent link: https://www.econbiz.de/10012836529
In this article, updated approach to assess the impact of fiscal decentralization on economic development is offered. The relationship between the proper level of fiscal decentralization and economic growth for 27 advanced and emerging economies in Europe from 1992 to 2017 was evaluated using...
Persistent link: https://www.econbiz.de/10012865398
Does the design of a tax matter for growth? Assembling a novel dataset for 30 OECD countriesover the 1970-2016 period, this paper examines whether the value added tax (VAT) may havedifferent effects on long-run growth depending on whether it is raised through the standard rateor through...
Persistent link: https://www.econbiz.de/10012868460
In this paper, I examine the impact of fiscal decentralization on state-level economic growth in India. There is little empirical evidence testing for a non-uniform impact of fiscal decentralization within a country. I build a social development index (SDI) to characterize 15 Indian states into...
Persistent link: https://www.econbiz.de/10012860895
We evaluate the impact of fiscal reforms on growth and inequality in Cambodia using a calibrated general equilibrium model with heterogeneous agents (Peralta-Alva et al., 2018). Over the last two decades, Cambodia's consumption inequality and poverty have declined. However, income inequality is...
Persistent link: https://www.econbiz.de/10012860994
An attempt is made in this paper to examine the impacts of government spending on human capital on human development indicators like healthcare outcomes, education achievements and increase in national income in Namibia using time series data from 1980 to 2015. The analysis reveals a significant...
Persistent link: https://www.econbiz.de/10012256228
An attempt is made in this paper to examine the impacts of government spending on human capital on human development indicators like healthcare outcomes, education achievements and increase in national income in Namibia using time series data from 1980 to 2015. The analysis reveals a significant...
Persistent link: https://www.econbiz.de/10014095681
Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military interferences seem to have bedevil this dream. However, an uninterrupted democracy for about 20 years should have produced a significant result, but not much has changed. Many have...
Persistent link: https://www.econbiz.de/10013348422