The long-run growth effects of R&D policy

A Minniti, F Venturini - Research Policy, 2017‏ - Elsevier
We assess the long-run growth effects of public policies to business R&D using data for US
manufacturing industries and taking Schumpeterian growth theory as guideline. Our …

Corporate taxes, growth and welfare in a Schumpeterian economy

PF Peretto - Journal of Economic Theory, 2007‏ - Elsevier
I take a new look at the long-run implications of taxation through the lens of modern
Schumpeterian growth theory. I focus on the latest vintage of models that sterilize the scale …

Fiscal policy and long-run growth in R&D-based models with endogenous market structure

PF Peretto - Journal of Economic Growth, 2003‏ - Springer
This paper shows that in a model of endogenous growth that does not exhibit the scale
effect, taxes on consumption and labor income and the level and composition of public …

[PDF][PDF] Taxation of corporations and their impact on economic growth: The case of EU countries

B Veronika, J Lenka - Journal of competitiveness, 2012‏ - academia.edu
One of the most debated questions in economy is the relationship between tax rates and
economic growth. Especially taxation of corporations has great importance because a …

Energy taxes and endogenous technological change

PF Peretto - Journal of Environmental Economics and Management, 2009‏ - Elsevier
This paper studies the effects of a tax on energy use in a growth model where market
structure is endogenous and jointly determined with the rate of technological change …

Short-run and long-run effects of capital taxation on innovation and economic growth

P Chen, AC Chu, H Chu, C Lai - Journal of Macroeconomics, 2017‏ - Elsevier
In this study, we examine the effects of capital taxation on innovation and economic growth
in an R&D-based growth model. We find that capital taxation has drastically different effects …

The growth and welfare effects of deficit‐financed dividend tax cuts

PF Peretto - Journal of Money, Credit and Banking, 2011‏ - Wiley Online Library
I develop a tractable growth model that allows me to study analytically transition dynamics
and welfare in response to a deficit‐financed cut of the tax rate on distributed dividends. I …

The impact of factor tax structure on firm innovation: evidence from China

H Feng, C Zong - Economics of Innovation and New Technology, 2024‏ - Taylor & Francis
Labor and capital are two of the most fundamental factors of production, and the ratio of
labor to capital tax can reflect the structure of factor tax. Despite the existing literature …

The impact of government intervention on wage inequality without scale effects

O Afonso - Economic Modelling, 2008‏ - Elsevier
The market-size channel is the standard explanation for the technological-knowledge bias,
which induces skill-biased wage inequality. In line with the dominant literature on scale …

Asymmetric information, government fiscal policies, and financial development

FS Hung, CC Lee - Economic Development Quarterly, 2010‏ - journals.sagepub.com
Previous studies assert that the optimal share of public spending is equal to the output
elasticity of public spending and that relying on capital income taxation to finance public …