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This paper examines the effects of taxation on long-run growthin a two-sector endogenous growth model with (i) physical capitalas an input in the education sector and (ii) leisure as anadditional argument in the utility function. The analysis of theeffects of taxation - including income...
Persistent link: https://www.econbiz.de/10011333258
This paper examines the effects of taxation on long-run growthin a two-sector endogenous growth model with (i) physical capitalas an input in the education sector and (ii) leisure as anadditional argument in the utility function. The analysis of theeffects of taxation - including income...
Persistent link: https://www.econbiz.de/10010324760
This paper explores the long-run impacts of tax policy in a two-country model of endogenous growth with variable labor … supply. We focus on international spillover effects of tax reforms under alternative trade structures. It is shown that if … financial flows, a change in tax policy in one country directly diffuses to the growth performance of the other country, even …
Persistent link: https://www.econbiz.de/10010375183
We show that in a endogenous growth model with human accumulation calibrated to Bulgarian data under the progressive taxation regime (1993-2007), the artificial economy exhibits equilibrium indeterminacy. These results are in line with the recent findings in Chen and Guo (2015) in the context of...
Persistent link: https://www.econbiz.de/10011514522
important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate … policy ; tax-transfer system ; transitional dynamics …
Persistent link: https://www.econbiz.de/10003976826
important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate … policy ; tax-transfer system ; transitional dynamics …
Persistent link: https://www.econbiz.de/10003977338
analysis is novel in that we capture important elements of the tax-transfer system and fully take into account transitional … likely to entail huge welfare gains. -- Economic growth ; Endogenous technical change ; Optimal growth policy ; Tax …
Persistent link: https://www.econbiz.de/10003945886
important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate …
Persistent link: https://www.econbiz.de/10008934935
important elements of the tax-transfer system and accounts for transitional dynamics. Currently, for calculating corporate …
Persistent link: https://www.econbiz.de/10009538323
important elements of the tax-transfer system and takes into account transitional dynamics. Currently, for calculating corporate …
Persistent link: https://www.econbiz.de/10013141717