On the ineffectiveness of tax policy in altering long-run growth: Harberger's superneutrality conjecture

Article Abstract:

Harberger's superneutrality conjecture proved to be useful in explaining the effects of tax policy on investment and long-term growth. Analysis showed that growth increases whenever taxes are lessened. The rate of investment, meanwhile, increases whenever there is a reduction in income tax. An increase in consumption tax also contributes to the improvement in investment. Reforms on labor income taxes bring more significant impact than changes in consumption and capital income taxes.

Analysis, Evaluation, Economic development

---

How responsive is business capital formation to its user cost? An exploration with micro data

Article Abstract:

Evaluation of tax reform, monetary policy and deficit deduction is greatly influenced by how the business capital formation responds to its user cost. However, there is no clear evidence for a substantial user cost elasticity despite the substantial effects reported by firm-level data. The user cost elasticity was examined through a micro dataset which consists of more than 26,000 observations.

Open-End Investment Funds, Investment Funds & Trusts, HOLDING AND OTHER INVESTMENT OFFICES, Monetary policy, Capital formation

---

Similar abstracts:

• Abstracts: Capital income taxation and long-run growth: new perspectives. Comprehensive income taxation, investments in human and physical capital, and productivity
• Abstracts: The relative efficiency of taxes in a two-period model of urban growth. Valuation of pollution abatement benefits: direct and indirect measurement
• Abstracts: An analysis of inefficiencies in banking: a stochastic cost frontier approach. Capital regulation and bank lending
• Abstracts: Women on the verge? Targeting California. Presidential
• Abstracts: Women on the verge? Congressional District 17

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.