The Effects of Taxation in a Kaleckian Growth Model

We analyse the effects of balanced budget changes in the tax rates on wages and profits on the trend component of fixed investment, on the trend rate of growth of capital stock and on the trend rates of capacity utilization. A modified version of Kalecki's growth model is used to analyse the long-term effects of taxation on the growth performance of the economy. Copyright Blackwell Publishing Ltd 2003.

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Year of publication:	2003
Authors:	Laramie, Anthony ; Mair, Douglas
Published in:	Metroeconomica. - Wiley Blackwell, ISSN 0026-1386. - Vol. 54.2003, 2-3, p. 326-345
Publisher:	Wiley Blackwell

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005294710