Tax Incentives in a Neoclassical Investment Behaviour Model: Evidence from Greek Manufacturing

Thomas A Anastasiou

Public Finance = Finances publiques, 1990, vol. 45, issue 2, 201-27

Abstract: This paper reports on the sensitivity of investment demand to capital cost and to underlying tax and financial parameters. The general model is formed to answer this question. Output, another major investment determinant, is included, the effects of which are also explored. It is found that investment demand in Greek manufacturing is mainly affected by a two-year lagged output change. This output variable does not work alone to define investment demand, but rather in combination with the level of a cost of capital variable with the same lag, whose value is defined within the neoclassical investment theory.

Date: 1990
References: Add references at CitEc
Citations:

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

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:pfi:pubfin:v:45:y:1990:i:2:p:201-27

Access Statistics for this article

More articles in Public Finance = Finances publiques
Bibliographic data for series maintained by Christopher F. Baum ().