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Pure rent taxation and allocation of capital in a two-sector open economy : a long-run analysis

Petrucci, Alberto R. - In: Economic modelling 91 (2020), pp. 421-427

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10012429094

Pure Rent Taxation and Growth in a Two-Sector Open Economy

Petrucci, Alberto - Dipartimento di Economia e Finanza (DEF), Libera … - 2015

In this paper, the incidence of a tax on pure rent is analyzed in an OLG two-sector small open economy, in which one sector produces a capital good and one sector a consumer good. Contrary to what is obtained by Feldstein (1977) in a one-sector closed economy, a rent tax does not necessarily...

Persistent link: https://www.econbiz.de, ebvufind01.dmz1.zbw.eu/10011162968