LONG-RUN GROWTH AND WELFARE EFFECTS OF TAX REFORM

被引：1

作者：

Chang, Wen-ya ^{[1
]}

Lee, Kuo-hao ^{[2
]}

Chang, Juin-jen ^{[3
]}

机构：

[1] Fu Jen Catholic Univ, Dept Econ, Taipei 242, Taiwan

[2] Hsing Wu Inst Technol, Taipei, Taiwan

[3] Acad Sinica, Taipei, Taiwan

来源：

PACIFIC ECONOMIC REVIEW | 2011年 / 16卷 / 04期

关键词：

OPTIMAL-POPULATION SIZE; ENDOGENOUS FERTILITY; ECONOMIC-GROWTH; MODEL; CHOICE; INVESTMENT;

D O I：

10.1111/j.1468-0106.2011.00561.x

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

This paper introduces an endogenously-determined fertility rate into a Romer-type endogenous growth model and, accordingly, investigates the effects on fertility, economic growth and social welfare of a revenue-neutral tax reform that involves switching from an income tax to a consumption tax. We show that, in a departure from the existing literature, tax reform could be harmful, rather than favourable, to both growth and welfare, due to an endogenous fertility rate. We also conduct a simple numerical analysis to investigate under what conditions the negative effect on growth and welfare occurs.

引用

页码：520 / 536

页数：17

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