Optimal Incentives to Domestic Investment in the Presence of Capital Flight.
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made betwe...
| Collectivité auteur: | |
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| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1989.
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| Collection: | IMF Working Papers; Working Paper ;
No. 1989/079 |
| Accès en ligne: | Full text available on IMF |