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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
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
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
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
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/10011753166
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
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
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
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
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