2008年5月
International and Intergenerational Aspects of Capital Income Taxation in an Endogenously Growing World Economy
REVIEW OF INTERNATIONAL ECONOMICS
- ,
- 巻
- 16
- 号
- 2
- 開始ページ
- 383
- 終了ページ
- 399
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1111/j.1467-9396.2007.00719.x
- 出版者・発行元
- WILEY-BLACKWELL
This paper discusses how capital income taxation affects economic growth and welfare in an endogenously growing world economy with perfect capital mobility and worldwide externalities. Worldwide externalities provide a mechanism for equalizing national growth rates even with different capital income tax rates. The welfare of future generations is more influenced by a change in the growth rate than by the international spillover effect, which has been the primary concern of the previous studies. Moreover, our model finds intergenerational conflicts arising from the change in the growth rate caused by a change in the source tax rate of the foreign country.
- リンク情報
- ID情報
-
- DOI : 10.1111/j.1467-9396.2007.00719.x
- ISSN : 0965-7576
- Web of Science ID : WOS:000207842100014