… This paper addresses a two-sector model of endogenous growth in which one sector
produces final goods and the other produces new human capital. Both sectors employ human as …

… factor income taxation and of subsidies to human capital accumulation in models of endogenous
growth… of the sector producing human capital. It shows that the negative effects of factor …

… We study the effects of capital income taxation on long-run growth in an endogenous growth
… of changes in the capital income taxes• By 'capital income tax reform' we mean altering the …

… income inequality, ignoring the effect on the growth rate. This paper considers an endogenous
growth model with public capital … are subjected to progressive income taxes. The model …

… ’s responsiveness to capital income taxes under exogenous and endogenous innovation.
In each experiment we solve the model numerically for the balanced growth path before a tax …

… In Section II, we analyze a simple convex model of endogenous growth. In Section III, we …
capital income taxation. They study the effect of using lump-sum taxes to reduce the tax rate …

… presented an endogenous growth model with public capital and progressive income taxation.
… public to private capital, but to a smaller balanced growth rate, because the direct negative …

… We now compute the long-run effects of a rise in the income tax rate. Differentiating (32) …
described development of an endogenous growth model that incorporates public capital and …

… In comparing wage taxation with capital income taxation, we show that the negative …
revenue-equivalent increases in wage and capital income taxes on welfare, we find that the capital …

… an endogenous growth model which incorporates public capital along with private capital …
Next we consider the effect of income taxation on the long-run rate of growth. An increase in …