Income Tax, Property Tax, and Tariff in a Small Open Economy

Charles Leung

Review of International Economics, 1999, vol. 7, issue 3, 541-54

Abstract: Why do some countries enjoy high economic growth rates while some suffer in "low-growth traps"? Why are tax policies in different countries so different? Some suggest that it is exactly these differences in government policies which contribute to the difference in economic growth rates. This paper considers a small open economy which sustains its economic growth by adopting new technologies. When the value of initial wealth is "relatively small," policies which promote growth most result in the highest welfare. In other cases, policies that discourage growth most may be welfare-maximizing. Copyright 1999 by Blackwell Publishing Ltd.

Date: 1999
References: Add references at CitEc
Citations: View citations in EconPapers (14)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Working Paper: Income Tax, Property Tax and Tariff in a Small Open Economy (1998)
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:bla:reviec:v:7:y:1999:i:3:p:541-54

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0965-7576

Access Statistics for this article

Review of International Economics is currently edited by E. Kwan Choi

More articles in Review of International Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().