Optimal Incentives to Domestic Investment in the Presence of Capital Flight.

This paper develops a model of an open economy which employs distortionary taxes to finance public consumption, and with an access to the world capital market. The paper examines the efficiency of quantity restrictions on capital exports and the accompanying set of taxes. A distinction is made betwe...

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Bibliografiska uppgifter
Institutionell upphovsman: International Monetary Fund
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 1989.
Serie:IMF Working Papers; Working Paper ; No. 1989/079
Länkar:Full text available on IMF