Description
Book SynopsisThis book brings together research from some of the world?s leading tax economists to discuss appropriate directions for tax reform in small open economies. The eminent contributors (including Altshuler, Creedy, Freebairn, Gravelle, Heady, Kalb, Sørensen and Zodrow) investigate the beneficial directions for medium-term tax reform in the light of global developments and lessons from the latest taxation research. In addressing this issue, they review recent advances in both the theoretical and empirical tax literature and reform evidence from individual countries. Topics covered include the impact of taxes on economic performance; international and corporate taxation; personal tax and welfare systems; environmental taxation; and country-specific tax reform experiences.Bringing together leading international experts to explore specific policy reforms, this book will prove essential reading for academics and researchers of public economics, fiscal policy and tax reform. It will also be warmly welcomed both by undergraduate and graduate students of public economics or the economics of taxation, as well as policymakers and government officials working in the area of tax policy.
Table of ContentsContents: 1. Introduction Iris Claus, Norman Gemmell, Michelle Harding and David White PART I: THE IMPACT OF TAXES ON INVESTMENT AND PRODUCTIVITY 2. Taxes and Firm Performance: Evidence from the OECD Åsa Johansson, Christopher Heady, Jens Arnold, Bert Brys and Laura Vartia 3. Economic Effects of Investment Subsidies Jane Gravelle PART II: INTERNATIONAL, CORPORATE AND CAPITAL TAXATION 4. Lessons from the Study of Taxes and the Behaviour of US Multinational Corporations Rosanne Altshuler 5. Dual Income Taxes: A Nordic Tax System Peter Birch Sørensen 6. International Taxation and Company Tax Policy in Small Open Economies George R. Zodrow PART III: PERSONAL TAX AND WELFARE SYSTEMS 7. Personal Income Tax Structure: Theory and Policy John Creedy 8. Modelling Labour Supply Responses in Australia and New Zealand Guyonne Kalb 9. Employment Incentives for Sole Parents: Labour Market Effects of Changes to Financial Incentives and Support Jacinta Dalgety, Richard Dorsett, Steven Johnston and Philip Spier PART IV: TAXING ENVIRONMENTAL EXTERNALITIES 10. Carbon Taxes vs Tradable Permits: Efficiency and Equity Effects for a Small Open Economy John Freebairn 11. Improving Lake Water Quality Through a Nutrient Trading System: The Case of New Zealand’s Lake Rotorua Suzi Kerr and Kelly Lock PART V: LESSONS FROM TAX REFORM EPISODES 12. Australian Tax Reforms: Past and Future Greg Smith 13. Company Tax in New Zealand Matt Benge and David Holland Index
