Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/65436 
Erscheinungsjahr: 
2008
Schriftenreihe/Nr.: 
CREDIT Research Paper No. 08/09
Verlag: 
The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT), Nottingham
Zusammenfassung: 
This paper evaluates the trade-off between growth and welfare maximization from two perspectives. Firstly, it synthesizes and extends endogenous growth models with public finance to compare the growth and welfare maximizing tax rates. Secondly, it examines the distinct model outcomes in terms of the growth rates and welfare levels. This comparison highlights the range of trade-offs: the growth maximizing tax rate can lie above, below, or on the welfare maximizing equivalent. We find however that even relatively large differences in growth and welfare maximizing tax rates translate into relatively small differences in growth rates, and, in some cases, welfare levels.
Schlagwörter: 
Economic Growth
Productive Public Spending
Optimal Fiscal Policy
JEL: 
E62
H21
H50
O40
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
1.53 MB





Publikationen in EconStor sind urheberrechtlich geschützt.