Batabyal, Amitrajeet A.; Beladi, Hamid - In: International Regional Science Review 37 (2014) 4, pp. 459-472
We provide the first theoretical analysis of the effects of alternate forms of taxation on economic growth in a dynamic model with multiple regions. The regions are heterogeneous, but, in each region, consumers have constant relative risk aversion preferences, there is no growth in the stock of...