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...

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Détails bibliographiques
Auteur principal: Roubini, Nouriel
Autres auteurs: Milesi-Ferretti, Gian
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 1994.
Collection:IMF Working Papers; Working Paper ; No. 1994/077
Accès en ligne:Full text available on IMF