Taxation, Public Services, and the Informal Sector in a Model of Endogenous Growth PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Taxation, Public Services, and the Informal Sector in a Model of Endogenous Growth PDF full book. Access full book title Taxation, Public Services, and the Informal Sector in a Model of Endogenous Growth by Juan Braun. Download full books in PDF and EPUB format.
Author: Juan Braun
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 44
Get Book Here
Book Description
Author: Juan Braun
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 44
Get Book Here
Book Description
Author: Braun Lyon Braun L.
Publisher: World Bank Publications
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 44
Get Book Here
Book Description
Author: Norman Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages : 60
Get Book Here
Book Description
An increase in the size of the informal sector hurts growth by reducing the availability for public services for everyone in the economy and increasing the number of activities that use some existing public services less efficiently or not at all.Loayza presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce. Loayza studies the determinants and effects of the informal sector using an endogenous growth model whose production technology depends essentially on congestable public services. In this model, changes (in both policy parameters and the quality of government institutions) that promote an increase in the relative size of the informal economy will also generate a reduction in the rate of economic growth.Using data from Latin American countries in the early 1990s, Loayza tests some of the model's implications and estimates the size of the informal sector in these countries - identifying the size of the informal sector to latent variable for which multiple causes and indicators exist. The results suggest that:The size of the informal sector depends positively on proxies for tax burden and restrictions on the labor market.It depends negatively on a proxy for the quality of government institutions.An increase in the size of the informal sector hurts growth by reducing the availability of public services for everyone in the economy and by increasing the number of activities that use some existing public services less efficiently or not at all.This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to examine the determinants of economic growth.
Author: Norman Loayza
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
February 1997 An increase in the size of the informal sector hurts growth by reducing the availability for public services for everyone in the economy and increasing the number of activities that use some existing public services less efficiently or not at all. Loayza presents the view that informal economies arise when governments impose excessive taxes and regulations that they are unable to enforce. Loayza studies the determinants and effects of the informal sector using an endogenous growth model whose production technology depends essentially on congestable public services. In this model, changes (in both policy parameters and the quality of government institutions) that promote an increase in the relative size of the informal economy will also generate a reduction in the rate of economic growth. Using data from Latin American countries in the early 1990s, Loayza tests some of the model's implications and estimates the size of the informal sector in these countries - identifying the size of the informal sector to latent variable for which multiple causes and indicators exist. The results suggest that: * The size of the informal sector depends positively on proxies for tax burden and restrictions on the labor market. * It depends negatively on a proxy for the quality of government institutions. * An increase in the size of the informal sector hurts growth by reducing the availability of public services for everyone in the economy and by increasing the number of activities that use some existing public services less efficiently or not at all. This paper - a product of the Macroeconomics and Growth Division, Policy Research Department - is part of a larger effort in the department to examine the determinants of economic growth.
Author: Bin Xu
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 46
Get Book Here
Book Description
This paper surveys the tax policy implications in various endogenous growth models. The focus is on the long-run growth effects of income, consumption, and investment taxation in models whose engine of growth is the accumulation of human capital, technological innovation, and/or public infrastructure. The results depend on model specifications. This paper also reviews quantitative results from cross-country regressions and simulations, and indicates some statistical and methodological problems to which they are subject. Tax policy implications in endogenous growth models both with tax policy endogenously determined by a political process and with international capital mobility are also discussed.
Author: Mr.Gian Milesi-Ferretti
Publisher: International Monetary Fund
ISBN: 145184994X
Category : Business & Economics
Languages : en
Pages : 37
Get Book Here
Book Description
This paper examines the effects of taxation of human capital, physical capital and foreign assets in a multi-sector model of endogenous growth. It is shown that in general the growth rate is reduced by taxes on capital and labor (human capital) income. When the government faces no borrowing constraints and is able to commit to a given set of present and future taxes, it is shown that the optimal tax plan involves high taxation of both capital and labor in the short run. This allows the government to accumulate sufficient assets to finance spending without any recourse to distortionary taxation in the long run. When restrictions to government borrowing and lending are imposed, the model implies that human and physical capital should be taxed similarly.
Author: Guillermo Perry
Publisher: World Bank Publications
ISBN: 0821370936
Category : Business & Economics
Languages : en
Pages : 270
Get Book Here
Book Description
Analyzes informality in Latin America, exploring root causes and reasons for and implications of its growth. This book uses two distinct but complementary lenses. It concludes that reducing informality levels and overcoming the "culture of informality" will require actions to increase aggregate productivity in the economy.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1498344658
Category : Business & Economics
Languages : en
Pages : 257
Get Book Here
Book Description
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author: Friedrich Schneider
Publisher: Cambridge University Press
ISBN: 1107034841
Category : Business & Economics
Languages : en
Pages : 225
Get Book Here
Book Description
This book presents new data to give an overview of shadow economies from OECD countries and propose solutions to prevent illicit work.
Author: William Francis Maloney
Publisher: World Bank Publications
ISBN:
Category : Informal sector (Economics)
Languages : en
Pages : 32
Get Book Here
Book Description
The author develops a view of the informal sector in developing countries primarily as an unregulated micro-entrepreneurial sector and not as a disadvantaged residual of segmented labor markets. Drawing on recent work from Latin America, he offers alternative explanations for many of the characteristics of the informal sector customarily regarded as evidence of its inferiority.
