Interaction of Taxation, Government Expenditure and Economic Growth: Panel VAR Model for OECD Countries
نویسندگان
چکیده
منابع مشابه
Growth Effects of Government Expenditure and Taxation in Rich Countries*
A number of cross-country comparisons do not find a robust negative relationship between government size and economic growth. In part this may reflect the prediction in economic theory that a negative relationship should exist primarily for rich countries with large public sectors. In this paper an econometric panel study is conducted on a sample of rich countries covering the 1970–95 period. E...
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a r t i c l e i n f o JEL classification: H25 E22 D92 Keywords: Corporate taxation Capital accumulation User cost of capital We present new empirical evidence that sector-level capital–output ratios are strongly influenced by corporate tax incentives, as summarised by the tax component of a standard user cost of capital measure. We use sectoral panel data for the USA, Japan, Australia and eleve...
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ژورنال
عنوان ژورنال: Politická ekonomie
سال: 2013
ISSN: 0032-3233,2336-8225
DOI: 10.18267/j.polek.920