Nonlinear Effects of Taxation on Growth
Nonlinear Effects of Taxation on Growth
复制标题
税收对增长的非线性影响
DOI：
10.2139/ssrn.2586497
复制
发表时间：
2012
影响因子：
8.2
通讯作者：
Sergio Rebelo
中科院分区：
文献类型：
--
作者：
Nir Jaimovich;Sergio Rebelo
我们提出了一个模型与两个观察一致。首先，不同国家采用的税率一般与其增长表现无关。第二，大幅减少私人投资激励的国家严重损害了其增长业绩。在我们的模型中，税收对增长的影响是高度非线性的。低税率对长期增长率的影响非常小。但随着税率的上升，它们对经济增长的负面影响也会急剧上升。中间选民选择的税率对经济增长前景的影响很小，这使得税率与经济增长之间的关系难以用经验衡量。
We propose a model consistent with two observations. First, the tax rates adopted by different countries are generally uncorrelated with their growth performance. Second, countries that drastically reduce private incentives to invest severely hurt their growth performance. In our model, the effects of taxation on growth are highly nonlinear. Low tax rates have a very small impact on long-run growth rates. But as tax rates rise, their negative impact on growth rises dramatically. The median voter chooses tax rates that have a small impact on growth prospects, making the relation between tax rates and economic growth difficult to measure empirically.