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Following renewed academic and policy interest in the destination-based principle for taxing profits-particularly through a destination-based cash flow tax (DBCFT)-this paper studies other forms of efficient destination-based taxes. Specifically, it analyzes the Destination-Based Allowance for...
Persistent link: https://www.econbiz.de/10011932507
This paper examines the factors and constraints that affect recent and potential growth in Croatia, as well as policies … that can influence it. On current productivity trends, it estimates Croatia''s potential growth rate at 4-41⁄2 percent, a … direct investment, and reforms to reduce the role of the state in the economy through fiscal consolidation and faster …
Persistent link: https://www.econbiz.de/10014400894
This paper assesses the relative efficiency of government spending on health care and education in Croatia by using the … so-called Data Envelopment Analysis. The analysis finds evidence of significant inefficiencies in Croatia''s spending on …
Persistent link: https://www.econbiz.de/10014401822
member states of the European Union and Croatia to assess whether these countries used the boom years of 2003-07 to create … demand management in these countries …
Persistent link: https://www.econbiz.de/10014402878
desirable to improve the trade balance, taking into account potential adverse effects on the rest of the economy …
Persistent link: https://www.econbiz.de/10014404059
to the exchange rate. Croatia is a highly dollarized economy, but empirical investigation conducted in this paper shows …
Persistent link: https://www.econbiz.de/10014399578
the recent past, ACE systems have been used in Austria, Croatia, and Italy. Brazil still applies a variant of such a …
Persistent link: https://www.econbiz.de/10014400269
Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and … busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial …
Persistent link: https://www.econbiz.de/10011799572
We look at the effect of exchange rate regimes on fiscal discipline, taking into account the effect of underlying political conditions. We present a model where strong politics (defined as policymakers facing longer political horizon and higher cohesion) are associated with better fiscal...
Persistent link: https://www.econbiz.de/10011715661
An empirical finding by Gaspar, Jaramillo and Wingender (2016) shows that once countries cross a tax-to-GDP threshold of around 12 3/4 percent, real GDP per capita increases sharply and in a sustained manner over the following decade. In this paper, we attempt via four case studies-Spain, China,...
Persistent link: https://www.econbiz.de/10011716283