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Using an OLG-model with endogenous growth and public capital we show, that an international capital tax competition leads to inefficiently low tax rates, and as a consequence to lower welfare levels and growth rates. Each national government has an incentive to reduce the capital income tax...
Persistent link: https://www.econbiz.de/10011113601
In this study, using bounds approach and annual data for the period 1981-2008, the short and long-run effects of remittances and trade openness on income in Vanuatu are estimated. The results show trade openness and remittances having positive and significant effects, with no significant effects...
Persistent link: https://www.econbiz.de/10009325595
In this study, using bounds approach and annual data for the period 1981-2008, the short and long-run effects of remittances and trade openness on income in Vanuatu are estimated. The results show trade openness and remittances having positive and significant effects, with no significant effects...
Persistent link: https://www.econbiz.de/10015228421
Using the ARDL Bounds approach to cointegration technique, we explore the role of financial services, information and communications technology, remittance inflows and export liberalisation in Nepal over the periods 1975-2010. The results show that financial development, telecommunications,...
Persistent link: https://www.econbiz.de/10015232089
Using an OLG-model with endogenous growth and public capital we show, that an international capital tax competition leads to inefficiently low tax rates, and as a consequence to lower welfare levels and growth rates. Each national government has an incentive to reduce the capital income tax...
Persistent link: https://www.econbiz.de/10015244636
Technological change causes three consequences: it guarantees economic growth, it requires employees to acquire more skills and human capital, and it increases inequality if employees are not capable adapting to new technologies. The second consequence makes it almost necessary for employees to...
Persistent link: https://www.econbiz.de/10012009814
Persistent link: https://www.econbiz.de/10012809331
In this paper, I study the effect of remittances on economic growth of the Fiji Islands. I provide empirical evidences based on data for the period 1979-2007 that remittances have a positive and significant impact on growth of Fiji's economy. The investigation also indicates the need to...
Persistent link: https://www.econbiz.de/10013116331
The link between remittances and economic growth is a controversial subject. While for some countries with relatively high and perpetual remittances inflow, the impact on growth may be positive, but this is not the case for all the remittance receiving countries. In this study, we use the Bounds...
Persistent link: https://www.econbiz.de/10013116333
Persistent link: https://www.econbiz.de/10010483679