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Lump-Sum Taxes in a R&D Model

Xin Long, Robert Waldmann () and Alessandra Pelloni
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Xin Long: University of Rome II, Italy

Working Paper series from Rimini Centre for Economic Analysis

Abstract: Is it possible to increase growth and welfare by raising taxes and disposing of the tax revenues? We show this may indeed be the case in a simple model with endogenous technical change, represented by an increase in the variety of intermediate goods.

Date: 2008-01
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