Testing a Simple Structural Model of Endogenous Growth

The efect of taxation on growth is embodied in a model of a small open economy with endogenous growth. The structural model is estimated on post-war panel data for 76 countries and the bootstrap is used to produce the model’s sampling variation. Panel data regressions of growth on taxation do not reject this model but do reject a model with no tax effects.

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Year of publication:	2006-09
Authors:	Minford, A. Patrick L. ; Meenagh, David ; Wang, Jiang
Institutions:	Centre for Dynamic Macroeconomic Analysis, University of St. Andrews
Subject:	endogenous growth \| taxation \| business regulation \| bootstrap \| model validation

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Extent:	application/pdf
Series:	CDMA Conference Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Classification:	H25 - Business Taxes and Subsidies ; O11 - Macroeconomic Analyses of Economic Development ; O41 - One, Two, and Multisector Growth Models ; O50 - Economywide Country Studies. General
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005807990