Income Tax, Property Tax, and Tariff in a Small Open Economy
Posted: 18 Nov 1999
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 "relative small," policies which promote growth most result in the highest welfare. In other cases, policies that discourage growth most may be welfare-maximizing.
JEL Classification: O41, F43, H21, O30, R31
Suggested Citation: Suggested Citation
Leung, Ka Yui Charles, Income Tax, Property Tax, and Tariff in a Small Open Economy. Available at SSRN: https://ssrn.com/abstract=182133
Feedback
Feedback to SSRN
If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday.