Is it possible to increase growth and welfare by raising taxes and disposing of the tax revenues? We show this may indeed be the case in a simple model with endogenous technical change, represented by an increase in the variety of intermediate goods.
Long, X., Pelloni, A., Waldmann, R. (2008). Lump-Sum Taxes in a R&D Model [Composizione].
Lump-Sum Taxes in a R&D Model
PELLONI, ALESSANDRA;WALDMANN, ROBERT
2008-07-14
Abstract
Is it possible to increase growth and welfare by raising taxes and disposing of the tax revenues? We show this may indeed be the case in a simple model with endogenous technical change, represented by an increase in the variety of intermediate goods.File in questo prodotto:
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