This paper evaluates the impact of the taxation system on factor costs, investment and economic activity. This is … identifies the link between user cost and investment in the context of a full econometric model of investment demand determinants … taxation to investment and economic activity, and assesses the impact of future tax reform proposals …

We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …

American countries: Brazil, Chile and Mexico, studying a small open economy in the context of an endogenous growth model where …, Chilean and Mexican economies. The findings suggest that, in order to implement the optimal tax regime, Brazil must tax … capital at a considerably lower rate than at present. Consumption should be heavily taxed in Brazil and Mexico and optimal …