Fiscalité, q de Tobin et investissement privé en Suisse

Milad Zarin-Nejadan
Additional contact information
Milad Zarin-Nejadan: Université de Genève

No 1992025, Discussion Papers (REL - Recherches Economiques de Louvain) from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: This article is an attempt to elaborate a model relating Tobbin's q corrected for taxes to the rate of capital accumulation in order to evaluate the impact of fiscal incentives on corporate investment expenditure in Switzerland. The estimation of the model on the basis of post-war data reveals that taxation has so far played only a minor role in the investment process in Switzerland. Moreover, the simulation of the model under various hypotheses of fiscal reform shows that while the traditional instruments, namely the manipulation of corporate tax rates and fiscal depreciation schemes tend to have a relatively small impact, the use of the investment tax credit, not yet implemented in Switzerland, can be a rather efficient means of influencing business investment.

Pages: 23
Date: 1992-06-01
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.jstor.org/stable/40723989 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvre:1992025

Access Statistics for this paper

More papers in Discussion Papers (REL - Recherches Economiques de Louvain) from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES) Place Montesquieu 3, 1348 Louvain-la-Neuve (Belgium). Contact information at EDIRC.
Bibliographic data for series maintained by Sebastien SCHILLINGS ().