| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6242 |
| DP6242 Entrepreneurship, State Economic Development Policy,and the Entrepreneurial University | |
| David Audretsch; Ronnie Phillips | |
| 发表日期 | 2007-04-23 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | This paper considers optimal educational investment and labour supply with increasing returns to scale in the earnings function In so doing we develop the work of Rosen (1983), who first highlighted the increasing returns argument that arises because private returns to human capital investment are increasing in subsequent utilization rates. We demonstrate that increasing returns generates task specialisation - individuals choose to become either home specialists or work specialists. With heterogeneous workers, we show for certain types, that a tax on labour income leads to large, non-marginal substitution effects; i.e. those with a comparative advantage in home production are driven out of the market sector. Tax deadweight losses are consequently large. Consistent with the theory, our empirical results, using a cross-country panel, find that gender differences in labour supply responses to tax policy can play an important role in explaining differences in aggregate labor supply across countries. |
| 主题 | Labour Economics ; Public Economics |
| 关键词 | Increasing returns Fiscal policy Household production Labour supply |
| URL | https://cepr.org/publications/dp6242 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535088 |
| 推荐引用方式 GB/T 7714 | David Audretsch,Ronnie Phillips. DP6242 Entrepreneurship, State Economic Development Policy,and the Entrepreneurial University. 2007. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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