Taxation and Endogenous Growth in Open Economies /

This paper examines the effects of taxation of human capital, physical capital and foreign assets in a multi-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human capital) income. When the government faces no borrowing constrai...

Disgrifiad llawn

Manylion Llyfryddiaeth
Prif Awdur: Roubini, Nouriel
Awduron Eraill: Milesi-Ferretti, Gian
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 1994.
Cyfres:IMF Working Papers; Working Paper ; No. 1994/077
Mynediad Ar-lein:Full text available on IMF