Physical capital taxation and labor income taxation in an endogenous growth model with new generations

被引：0

作者：

Chi-Ting Chin

Ching-Chong Lai

机构：

[1] Academia Sinica,Institute of Economics

[2] Nankang,Department of Economics

[3] Feng Chia University,undefined

[4] Seatwen,undefined

来源：

Journal of Population Economics | 2009年 / 22卷

关键词：

Overlapping generations; Physical capital taxation; Labor income taxation; O41; E62; D91;

D O I：

暂无

中图分类号：

学科分类号：

摘要：

This paper examines the growth and welfare effects of physical capital taxation and labor income taxation. It is found that the impact of a rise in the physical capital tax rate on the balanced growth rate is crucially related to the birth rate, but a rise in the labor income tax rate definitely reduces the balanced growth rate regardless of the birth rate. It is also found that an increase in the physical capital income tax rate will harm the older but will benefit the younger, while an increase in the labor income tax rate will benefit the older but will harm the younger.

引用

页码：1 / 21

页数：20

共 20 条

[1]

Blanchard OJ(1985)Debt, deficits and finite horizons J Polit Econ 93 223-247

[2]

Bovenberg AL(1997)Progressive taxes, equity, and human capital accumulation in an endogenous growth model with overlapping generations J Public Econ 64 153-179

[3]

van Ewijk C(1988)Death, productivity growth and debt neutrality Econ J 98 279-293

[4]

Buiter WH(1986)Optimal taxation of capital income in general equilibrium with infinite lives Econometrica 54 607-622

[5]

Chamley C(1998)Growth and welfare effects of fiscal policy in an endogenous growth model with public investment Int Tax Public Financ 5 249-261

[6]

Greiner A(1985)Redistributive taxation in a simple perfect foresight model J Public Econ 28 59-83

[7]

Hanusch H(1990)Public policy and economic growth: developing neoclassical implications J Polit Econ 98 S126-S150

[8]

Judd KL(1988)On the mechanics of economic development J Monet Econ 22 3-42

[9]

King RG(1998)On the taxation of human and physical capital in models of endogenous growth J Public Econ 70 237-254

[10]

Rebelo ST(1996)Analysis of a two-sector model of endogenous growth with capital income taxation Int Econ Rev 37 227-253

← 1 2 →