Capital Taxation and Economic Performance

Publikation: Working/Discussion PaperWU Working Paper

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Abstract

A new technology is a bold new combination of production factors that potentially yields a higher level of total factor productivity. The optimal combination of input factors is unknown when an innovation is pursued. A larger targeted innovation may require a greater change in the optimal combination of production factors employed and increases volatility alongside with economic growth. We show that economic policy can interfere in this relationship with by adjusting source based capital income taxes.
OriginalspracheEnglisch
ErscheinungsortVienna
DOIs
PublikationsstatusVeröffentlicht - 2007

Publikationsreihe

ReiheDiscussion Papers SFB International Tax Coordination
Nummer24

WU Working Paper Reihe

  • Discussion Papers SFB International Tax Coordination

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