Browsing by Author "bb07ae55-0a43-4b88-aa0a-5d435f618403"
Now showing items 1-1 of 1
-
Bustos, Alvaro; Engel Goetz, Eduardo; Galetovic Potsch, Alexander (Elsevier, 2004)On theoretical grounds alone, there is no a priori reason why higher taxes should reduce the desired capital stock, since a tax increase reduces marginal returns but also increases depreciation and interest payment allowances. ...