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Taxes and Growth in a Financially Underdeveloped Country: Evidence from the Chilean Investment Boom

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NBER2006-03-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w12104
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资源简介:
This paper argues that taxation of retained profits is particularly distortionary in an economy with good growth prospects and poorly developed financial markets because it primarily reduces the investment of financially constrained firms, investment that has marginal product greater than the after
提供机构:
美国国家经济研究局
创建时间:
2006-03-01
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