Taxes, redistribution, and growth

• 成果类型: Article
• 署名作者: Wright, R
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/0047-2727(95)01570-1
• 发表日期: 1996
• 页码: 327-338
• 关键词: growth; taxation; redistribution; voting

摘要

This paper develops a simple model to study the effects of growth on economic policy, and, in particular, on redistributive taxation. I do not explain economic growth; I assume it is exogenous, and ask how changes in the growth rate (and in several other variables) affect the outcome of a political process that determines taxes and transfers. It is shown that faster-growing economies will choose more or less redistribution, depending on risk aversion. In the empirically relevant case, the model predicts lower taxes in faster-growing economies.