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Taxes and the Global Allocation of Capital

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NBER2007-11-01 更新2025-01-04 收录
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Despite enormous growth in international capital flows, capital-output ratios continue to exhibit substantial heterogeneity across countries. We explore the possibility that taxes, particularly corporate taxes, are a significant source of this heterogeneity. The evidence is mixed. Tax rates computed

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2007-11-01
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