Showing 121 - 130 of 149,897
; Public sector ; Taxation ; Cross-country regressions ; Panel regressions ; Robustness test …
Persistent link: https://www.econbiz.de/10009502710
. Redistributive labor income taxation has a negative impact on short- and long-run growth and inequality while capital taxation …
Persistent link: https://www.econbiz.de/10009774711
This paper develops a framework to assess the growth and distribution effects of fiscal resources. Resources are classified as debt, other capital receipts, foreign aid and other unilateral grants, non-tax revenue, including resource rents, seigniorage, and taxes. The framework is used to assess...
Persistent link: https://www.econbiz.de/10010463620
Empirical studies uphold GDP growth rate as one of the determinant factors of FDI inflows. United Nations Conference on Trade and Development (UNCTAD) in its World Investment Report 2002 and 2012 identified Real GDP growth and GDP per capita of the host country as crucial factors that attract...
Persistent link: https://www.econbiz.de/10012833596
taxation did not reduce growth, while an increase in non-distortionary taxation had a negative association with growth. When … the data are extended to the great recession and its recovery period (1980−2015), distortionary taxation significantly … reduces growth as originally conjectured, but the negative effect of non-distortionary taxation survives. This paper argues …
Persistent link: https://www.econbiz.de/10012028907
In a recent review article Jonas Agell, Thomas Lindh and Henry Ohlsson (1997) claim that theoretical and empirical evidence does not allow any conclusion on whether there is a relationship between the rate of economic growth and the size of the public sector. They illustrate their conclusion...
Persistent link: https://www.econbiz.de/10012776579
This paper examines the role of relative prices in economic growth and the possibility that relative prices are (or can be) partly determined by tax policy. In the opening section, the paper links relative prices to tax policy. Using an extension to a standard model of economic growth, it...
Persistent link: https://www.econbiz.de/10012781852
The challenges of economic globalization, recession, and the essential changes in market conditions, as well as the financial institutionalization, determine the expediency of the new studies to explore the impact of fiscal instruments on the dynamics of economic growth and social stability....
Persistent link: https://www.econbiz.de/10012930622
We analyze how public policies for self-financing education, public fund for loans and deferred deductibility of education expenses, affect growth in an overlapping generations economy where individuals can be borrowing-constrained on human capital investment. We show that public loans...
Persistent link: https://www.econbiz.de/10012977265
This study provides an overview of tax structures in LAC before the COVID-19 pandemic, compares it to OECD countries, and provides recommendations for growth-friendly and inclusive tax policy reforms. LAC countries collect significantly lower tax revenue relative to OECD countries and have tax...
Persistent link: https://www.econbiz.de/10013295146