Links between taxes and economic growth : some empirical evidence (Inglés)

Evidence from 20 countries shows that those with lower taxes experienced more rapid expansion of investment, productivity, employment, and government services, and had better growth rates, without discriminating against the poor. This paper examines the mechanisms by which fiscal policies may have affected their performance. The evidence suggests that tax policy has affected economic performance via two basic mechanisms: (i) lower taxes have resulted...
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BOLETÍN DEL BANCO MUNDIAL

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