Počet záznamů: 1
On the consequences of eliminating capital tax differentials
- 1.0504876 - NHU-C 2020 RIV CA eng J - Článek v odborném periodiku
Slavík, Ctirad - Yazici, H.
On the consequences of eliminating capital tax differentials.
Canadian Journal of Economics-Revue Canadienne D Economique. Roč. 52, č. 1 (2019), s. 225-252. ISSN 0008-4085. E-ISSN 1540-5982
Grant CEP: GA ČR(CZ) GBP402/12/G097
Institucionální podpora: Progres-Q24
Klíčová slova: corruption * foreign direct investment * competitive advantage
Obor OECD: Applied Economics, Econometrics
Impakt faktor: 0.710, rok: 2019
Způsob publikování: Open access
https://onlinelibrary.wiley.com/doi/pdfdirect/10.1111/caje.12370
In the United States, different types of capital are effectively taxed at different rates. In particular, effective tax rates on structures have been higher than those on equipments. Eliminating these differentials has been the subject of policy debates. This paper analyzes the consequences of eliminating capital tax differentials using an incomplete markets model with equipment–skill complementarity. The reform improves productive efficiency by eliminating distortions in capital accumulation. It also increases the degree of equality by reducing the skill premium. The reform increases average welfare by approximately 0.11%.
Trvalý link: http://hdl.handle.net/11104/0296420
Počet záznamů: 1