Arbeitspapier
Business perceptions, fiscal policy and growth
This paper develops endogenous growth models in which the government uses income taxation to finance different types of public services, public investment, or both. The paper then assesses the merits of business perceptions of alternative fiscalpolicy related growth constraints as guides for imperfectly informed governments. The models demonstrate that business perceptions may be misleading except when firms compare different types of public services or different types of public capital. It is also shown that the theoretical predictions regarding how firms most likely rank constraints correspond fairly well to the ranking of constraints by firms in the World Bank's Enterprise Surveys.
- Language
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Englisch
- Bibliographic citation
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Series: CREDIT Research Paper ; No. 08/10
Fiscal Policy
Taxation and Subsidies: Efficiency; Optimal Taxation
National Government Expenditures and Related Policies: General
Economic Growth and Aggregate Productivity: General
Productive Public Spending
Imperfectly Informed Governments
Optimal Fiscal Policy
Constraints to Growth
Investment Climate Assessments
Öffentliche Finanzwirtschaft
Unvollkommene Information
Öffentliche Ausgaben
Einkommensteuer
Unternehmensplanung
Investitionsklima
Wirtschaftswachstum
Gemmell, Norman
Kneller, Richard
- Handle
- Last update
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20.09.2024, 8:25 AM CEST
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Misch, Florian
- Gemmell, Norman
- Kneller, Richard
- The University of Nottingham, Centre for Research in Economic Development and International Trade (CREDIT)
Time of origin
- 2008