| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w3298 |
| 来源ID | Working Paper 3298 |
| Investment Tax Credit in an Open Economy | |
| Partha Sen; Stephen J. Turnovsky | |
| 发表日期 | 1990-03-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | This paper contrasts the effects of a permanent and temporary investment tax credit in an open economy. In both cases an ITC will initially stimulate investment, while reducing employment and output, and generating a current account deficit. If the ITC is permanent, the accumulation of capital leads to a higher equilibrium capital stock, higher employment and output, and a reduction in the economy's stock of net credit. If the ITC is temporary, after its removal, the economy eventually moves to a new steady-state equilibrium having a lower permanent capital stock and employment, together with a higher stock of net credit. |
| 主题 | International Economics |
| URL | https://www.nber.org/papers/w3298 |
| 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/560586 |
| 推荐引用方式 GB/T 7714 | Partha Sen,Stephen J. Turnovsky. Investment Tax Credit in an Open Economy. 1990. |
| 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 | ||
| w3298.pdf（230KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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