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Chapter 10. Taxation, Efficiency and Economic Growth
Jorgenson, Dale W.; Yun, Kun-Young - In: Handbook of computable general equilibrium modeling : …, (pp. 659-741). 2013
In this chapter we present a dynamic general equilibrium methodology for evaluating alternative proposals for tax reform. We illustrate this methodology by comparing alternative proposals that would remove barriers to efficient allocation of capital and labor inputs. These proposals are based on...
Persistent link: https://www.econbiz.de/10014025281
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Understanding growth and its policy implications for Canadian credit unions
Mamun, Abdullah al - In: International review of economics & finance : IREF 86 (2023), pp. 652-665
Persistent link: https://www.econbiz.de/10014434432
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Brain gain : claims about its size and impact on welfare and growth are greatly exaggerated
Schiff, Maurice W. (contributor) - 2005
Based on static partial equilibrium analysis, the "new brain drain" literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in...
Persistent link: https://www.econbiz.de/10002815345
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Balanced Growth : A Potential Resolution to the Easterlin Paradox
Tian, Guoqiang - 2013
This paper develops a theory to explain the Easterlin Paradox, which holds that average happiness levels do not … happiness. Our theory shows that happiness rises with income only up to a critical point that is determined by the amount of non …
Persistent link: https://www.econbiz.de/10012711252
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Brain Gain : Claims About its Size and Impact on Welfare and Growth are Greatly Exaggerated
Schiff, Maurice - 2021
Based on static partial equilibrium analysis, the new brain drain literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in...
Persistent link: https://www.econbiz.de/10013318516
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Sustainability with Risky Growth
Love, David A.; Phelan, Gregory - 2023
We investigate the fundamental determinants of sustainability in general equilibrium. We adopt a definition of sustainability that requires that the welfare of future generations is not expected to decrease on average. We then use a stochastic growth model to explore the conditions under which...
Persistent link: https://www.econbiz.de/10014255987
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Entrepreneurial Margins in Law-and-Economics Nexus
Sima, Josef; Lipka, David - 2008
The paper enunciates the theory of entrepreneurial margins as applicable to studying law-and-economics nexus. After … monopolistic setting on the overall social efficiency …
Persistent link: https://www.econbiz.de/10014214546
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The Environmental Kuznets Curve from Multiple Perspectives
Jaeger, William K.; Kolpin, Van - 2013
The analysis finds that in addition to U-shaped paths of environmental quality arising for growth in income per capita, growth in population can also produce socially efficient patterns that are U-shaped. Sufficient conditions for both types of paths are identified for a range of models and...
Persistent link: https://www.econbiz.de/10014218277
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Competitive Market : Nitrous for Engine of Economic Growth
Sharma, Deepankar; Mishra, Varun - 2014
promote and protect competitive processes in order to foster allocative, internal and dynamic efficiency. Hence, it could be … said that "efficiency is the goal, competition is the process". To address the question of whether competition policy … competition on efficiency and productivity and the importance of legal institutions for economic growth. Section 2 address some of …
Persistent link: https://www.econbiz.de/10014147807
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Brain gain: claims about its size and impact on welfare and growth are greatly exaggerated
Schiff, Maurice - 2005
Based on static partial equilibrium analysis, the new brain drain literature argues that, by raising the return to education, a brain drain generates a brain gain that is, under certain conditions, larger than the brain drain itself, and that such a net brain gain results in an increase in...
Persistent link: https://www.econbiz.de/10010267439