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This study provides some perspective on analyzing the effects of corporate taxation on capital formation. Our framework translates tax policy legislation into real outcomes, and identifies three parameters that play a central role in determining the impact on policy. The remainder of the paper...
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This Productivity Commission staff working paper (by Paula Barnes) examines sectoral investment in intangible assets in … Australia following on from a previous paper on an examination of intangibles assets in the market sector as a whole. It … in the economy. It leads to an understatement of investment in the economy and may also affect measures of productivity …
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Applying recent estimates of total factor productivity (TFP) growth on Australian sheep farms, we analyse the long-run effects of TFP growth on the world wool market using a detailed model of the world wool market that treats raw wool, wool textiles and wool garments as heterogeneous...
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