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Lump-Sum Taxes in a R&D Model

Xin Long, Alessandra Pelloni and Robert Waldmann ()
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Xin Long: Faculty of Economics, University of Rome "Tor Vergata", http://www.ceistorvergata.it

No 120, CEIS Research Paper from Tor Vergata University, CEIS

Abstract: Is it possible to increase growth and welfare by raising taxes and disposing of the tax revenues? We show this may indeed be the case in a simple model with endogenous technical change, represented by an increase in the variety of intermediate goods.

Pages: 16 pages
Date: 2008-07-14, Revised 2008-07-14
New Economics Papers: this item is included in nep-dge and nep-mic
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