| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w0828 |
| 来源ID | Working Paper 0828 |
| Long-Run Effects of the Accelerated Cost Recovery System | |
| Don Fullerton; Yolanda K. Henderson | |
| 发表日期 | 1981-12-01 |
| 出版年 | 1981 |
| 语种 | 英语 |
| 摘要 | Much of the debate surrounding the enactment of President Reagan's tax plan was concerned with the short run effects of macroeconomic stimulation. Now that the Economic Recovery Tax Act of 1981 has become law, it is appropriate to look again at the long run effect of these tax cuts. This paper measures, for 37 different assets and for 18 different industries, the reduction in effective corporate tax rates that result from the acceleration of depreciation allowances and the expansion of the investment tax credit. It also uses a detailed dynamic general equilibrium model of the U.S. economy to simulate the effects of the new Accelerated Cost Recovery System (ACRS) on revenues, investment, long run growth, and capital allocation among industries. We find significant welfare gains from ACRS, but we find larger welfare gains from alternative plans that were not adopted. |
| 主题 | Macroeconomics |
| URL | https://www.nber.org/papers/w0828 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/558040 |
| 推荐引用方式 GB/T 7714 | Don Fullerton,Yolanda K. Henderson. Long-Run Effects of the Accelerated Cost Recovery System. 1981. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w0828.pdf（460KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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