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Cloyne (2013) constructs a novel dataset documenting fiscal tax shocks in the United Kingdom using the narrative approach developed by Romer and Romer (2010), and estimates the impact of tax changes on GDP. He finds that a tax cut of one percent of GDP causes a 0.6 percent increase in output in...
Persistent link: https://www.econbiz.de/10014547815
Cloyne (2013) constructs a novel dataset documenting fiscal tax shocks in the United Kingdom using the narrative approach developed by Romer and Romer (2010), and estimates the impact of tax changes on GDP. He finds that a tax cut of one percent of GDP causes a 0.6 percent increase in output in...
Persistent link: https://www.econbiz.de/10014556602
had abandoned export-oriented production of cheaper line textiles to concentrate on very high priced luxury woollens … sales price; and that in turn accounted for up to 70 percent of production costs in the Low Countries' urban draperies …
Persistent link: https://www.econbiz.de/10005704802
While rent taxation in some theories is neutral, and the tax rate could not be set to one hundred percent to minimize …
Persistent link: https://www.econbiz.de/10010330284
Persistent link: https://www.econbiz.de/10011300273
Persistent link: https://www.econbiz.de/10011629216
This paper presents an analysis of what is termed “geo-rent,†what the plot-devoid-of-improvements would rent for in … potential role of land and its rent for public revenue. The qualities of land value that make it a superior source of revenueâ …, ignored in the broader policy discussions. That the “producer surplus†is in reality mostly land rent is little recognized …
Persistent link: https://www.econbiz.de/10008484371
While rent taxation in some theories is neutral, and the tax rate could not be set to one hundred percent to minimize …
Persistent link: https://www.econbiz.de/10011518472
international comparison the key characteristics and recent developments of labour costs, taxation and productivity in Austria and …
Persistent link: https://www.econbiz.de/10012099997
Government-run entities are often more labor-intensive than private companies, even with identical production … firms. A tax-favored treatment of public production precludes production efficiency. It reduces welfare when labor supply is … net wage. This would counteract the distortion of labor supply arising from wage taxation. Full privatization is never …
Persistent link: https://www.econbiz.de/10010262155