Taxes, Outward Orientation, and Growth Performance in Korea

Irene Trela and John Whalley

No 3377, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper both discusses and evaluates the role of tax policy in the Korean growth process from the early 1960s to the late 1980s. It begins by reviewing the evolution of Korean policy over this developmental sequence, emphasizing three distinct regime switches, and the tax policies which were part of them. It then presents an analytical framework for quantitative assessment of the contribution of tax policies to this growth through induced intersectoral resource transfers and impacts on effort and labour supply in agriculture and manufacturing sectors. What emerges from the model calculations is that tax policy has played a relatively modest role in Korean growth and that one should look outside of tax policy for the main factors underlying strong Korean growth.

Date: 1990-06
Note: PE ITI IFM
References: View complete reference list from CitEc
Citations:

Published as "Taxes, Outward Orientation, and Growth Performance ...Korea", in J. Khalilzadeh-Shirazi and A. Shah, eds., Tax Policy in Developing Countries, The World Bank 1991/ and in Fiscal Incentives for Investment in DCs, Oxford University Press/Johns Hopkins for the World Bank, forthcoming
Published as Takatoshi Ito and Anne O. Krueger, eds. "The Role of Tax Policy in Korea's Economic Growth," in The Political Economy of Tax Reform. Chicago: The University of Chicago Press, 1992.
Published as The Role of Tax Policy in Korea's Economic Growth , Irene Trela, John Whalley. in The Political Economy of Tax Reform , Ito and Krueger. 1992

Downloads: (external link)
http://www.nber.org/papers/w3377.pdf (application/pdf)

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:nbr:nberwo:3377

Ordering information: This working paper can be ordered from
http://www.nber.org/papers/w3377

Access Statistics for this paper

More papers in NBER Working Papers from National Bureau of Economic Research, Inc National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A.. Contact information at EDIRC.
Bibliographic data for series maintained by ().