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Kompletter Metadatensatz
DublinCore-Feld | Wert | Sprache |
---|---|---|
dc.contributor.author | Panteghini, Paolo M. | en |
dc.date.accessioned | 2006-09-06 | - |
dc.date.accessioned | 2009-07-28T08:12:38Z | - |
dc.date.available | 2009-07-28T08:12:38Z | - |
dc.date.issued | 2006 | - |
dc.identifier.uri | http://hdl.handle.net/10419/25829 | - |
dc.description.abstract | The evidence shows that in most countries the present value of depreciation allowances is less than 100% of the cost of capital. In this article we use a real-option model with debt financing, and show that less favorable depreciation allowances are offset by tax benefits arising from debt financing. Allowing partial deduction of capital cost is thus a necessary condition for investment neutrality to hold. | en |
dc.language.iso | eng | en |
dc.publisher | |aCenter for Economic Studies and ifo Institute (CESifo) |cMunich | en |
dc.relation.ispartofseries | |aCESifo Working Paper |x1784 | en |
dc.subject.jel | D92 | en |
dc.subject.jel | G33 | en |
dc.subject.ddc | 330 | en |
dc.title | A simple explanation for the unfavorable tax treatment of investment costs | - |
dc.type | Working Paper | en |
dc.identifier.ppn | 517038129 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
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