Optimal incentives to domestic investment in the presence of capital flight
1989
Razin, Assaf | Sadka, Efraim
This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made between a benchmark case where the government can fully tax foreign-source income and a more realistic case where the government cannot effectively tax foreign-source income.
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书目信息
出版者
National Bureau of Economic Research
其它主题
Capital flight tax; Investments; Foreign; Capital movements
语言
英语
注释
Assaf Razin, Efraim Sadka.
Includes bibliographical references (page 27).
类型
Text; Monograph; Book; Bibliography; Book; Monograph
团体作者
National Bureau of Economic Research.
2024-02-27
MODS