Suchergebnisse

Analyzes & evaluates the reform in capital taxation recently introduced in Norway. User cost formulas are developed that capture the partial effect of taxation on the price of capital, & the social rate of return to real capital in 17 private industries is calculated. The differences between the pre- & postreform returns indicate the incentive effects of the reform. Discussed is the response to the reform in an applied general equilibrium model of the Norwegian economy. Welfare gain induced by the reform & the distribution of this gain between different groups of households are also presented. 7 Tables, 1 Figure, 36 References. Adapted from the source document.