Conclusions

David Mayes and Clive S. Nicholas
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Clive S. Nicholas: University of Exeter

Chapter 9 in The Economic Impact of Leasing, 1988, pp 155-161 from Palgrave Macmillan

Abstract: Abstract The hypotheses put forward in this research suggested that the growth of leasing has had a favourable macroeconomic effect on the UK economy in two ways. First, by providing a relatively cheap source of finance through tax advantage it has led to a higher level of investment than would otherwise have been the case. This investment, particularly in view of its concentration on plant and equipment, is likely to have generated a faster rate of growth, both through increasing capacity and reducing costs, hence aiding competitiveness and increasing the UKs ability to export overseas and to substitute against imports.

Keywords: Investment Incentive; Macroeconomic Impact; Leasing Activity; Operating Lease; Taxable Capacity (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09523-0_9

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DOI: 10.1007/978-1-349-09523-0_9

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