Factor income taxation, growth, and investment specific technological change

Why do countries with different tax arrangements exhibit the same growth rate? We refer to this as a growth-tax puzzle. To explain the puzzle, we construct a tractable endogenous growth model with endogenous investment specific technological change (ISTC). Public and private capital stock externalit...

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Veröffentlicht in:	Economic modelling 2016-09, Vol.57, p.133-152
Hauptverfasser:	Bishnu, Monisankar, Ghate, Chetan, Gopalakrishnan, Pawan
Format:	Artikel
Sprache:	eng
Schlagworte:	Capital stock Endogenous growth theory Endogenous investment specific technological change Factor income taxation Fiscal policy Growth models Studies Tax rates Technological change
Online-Zugang:	Volltext
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