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Capital Taxation, Growth, and Non-renewable Resources
Groth, Christian; Schou, Poul - Economic Policy Research Unit (EPRU), Økonomisk Institut - 2004
determinants of longrun growth, including some fiscal policy measures, but interest income taxes and investment subsidies are not …The conventional view within the endogenous growth literature is that interest income taxes impede economic growth and … investment subsidies promote economic growth. The present paper lays out a simple framework to see whether this is still true …
Persistent link: https://www.econbiz.de/10005749953
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Strictly Endogenous Growth with Non-renewable Resources Implies an Unbounded Growth Rate
Groth, Christian - 2003
Conventional endogenous growth theory relies on the assumption of constant returns to "broad capital". As Solow pointed out, the strength of this assumption is revealed by recognizing that even the slightest touch of increasing returns creates explosive growth: infinite output in finite time!...
Persistent link: https://www.econbiz.de/10010320925
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Long-run growth and recycling : a material balance approach
Pittel, Karen; Amigues, Jean-Pierre; Kuhn, Thomas - 2006 - This version: March 2006
In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that...
Persistent link: https://www.econbiz.de/10011795005
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Endogenous growth and recycling : a material balance approach
Pittel, Karen; Amigues, Jean-Pierre; Kuhn, Thomas - 2005
In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that...
Persistent link: https://www.econbiz.de/10002633992
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Capital Income Taxation and Economic Growth in Open Economies
Palomba, Geremia - 2006
Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …
Persistent link: https://www.econbiz.de/10012783173
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Capital Income Taxation and Economic Growth in Open Economies
Palomba, Geremia - 2004
Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …
Persistent link: https://www.econbiz.de/10014070094
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The implications of heterogeneous resource intensities on technical change and growth
Pittel, Karen; Bretschger, Lucas - 2009
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10008746684
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Sectoral heterogeneity, resource depletion, and directed technical change : theory and policy
Pittel, Karen; Bretschger, Lucas - 2008
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10003762230
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The Implications of Heterogeneous Resource Intensities on Technical Change and Growth
Pittel, Karen; Bretschger, Lucas - 2014
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10014202253
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Sectoral Heterogeneity, Resource Depletion, and Directed Technical Change : Theory and Policy
Pittel, Karen; Bretschger, Lucas - 2008
taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth … rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with …
Persistent link: https://www.econbiz.de/10014214475