Busato, Francesco; Chiarini, Bruno; Angelis, Pasquale De; … - Dipartimento di Studi Economici "Salvatore Vinci", … - 2008
This paper examines the implications of firm-oriented fiscal policies, namely investment subsidies and tax allowances … investment subsidies induce increased capital accumulation (a level effect), they promote tax evasion; these subsidies induce …