EconPapers    
Economics at your fingertips  
 

Taxation, Growth and Welfare: Dynamic Effects of Estonia´s 2000 Income Tax Act

Michael Funke and Holger Strulik ()

Quantitative Macroeconomics Working Papers from Hamburg University, Department of Economics

Abstract: This paper analyses the long-run effects of Estonia’s 2000 Income Tax Act with a dynamic general equilibrium model. Specifically, we consider the impact of the shift from an imputation system to one where companies only pay taxes on distributed profits. Balanced growth paths, transitional dynamics and welfare costs are computed. Our results indicate that the 2000 Income Tax Act leads to higher per capita income and investment, but lower welfare. A sensitivity analysis shows that the results are rather robust.

JEL-codes: H25 H32 O41 O52 (search for similar items in EconPapers)
Date: 2006-11
References: Add references at CitEc
Citations: View citations in EconPapers (2) Track citations by RSS feed

Downloads: (external link)
http://gulliver.econ.uni-hamburg.de/IWWT/homepage/qmwps/qm1106.pdf (application/pdf)
Our link check indicates that this URL is bad, the error code is: 500 Can't connect to gulliver.econ.uni-hamburg.de:80

Related works:
Journal Article: Taxation, Growth and Welfare: Dynamic Effects of Estonia's 2000 Income Tax Act (2006) Downloads
Working Paper: Taxation, growth and welfare: Dynamic effects of Estonia’s 2000 income tax act (2004) Downloads
Working Paper: Taxation, growth and welfare: Dynamic effects of Estonia's 2000 income tax act (2003) Downloads
Working Paper: Taxation, Growth and Welfare: Dynamic Effects of Estonia´s 2000 Income Tax Act (2003) Downloads
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:ham:qmwops:20611

Access Statistics for this paper

More papers in Quantitative Macroeconomics Working Papers from Hamburg University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by ().

 
Page updated 2019-06-13
Handle: RePEc:ham:qmwops:20611