Tax structure and economic growth
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Young Lee; Roger H. Gordon
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Article
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2005
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Elsevier Science
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English
โ 146 KB
Past theoretical work predicts that higher corporate tax rates should decrease economic growth rates, while the effects of high personal tax rates are less clear. In this paper, we explore how tax policies in fact affect a country's growth rate, using cross-country data during 1970-1997. We find tha