Abstract
The purpose of this paper is twofold. First, it is concerned with the effects of a choice of a tax regime — an expenditure tax versus an income tax — on capital accumulation, the rate of interest, wages and the utility level of a representative individual in an economy. The analysis is carried out by utilising a standard overlapping generations growth model. Second, the results of the analysis are used to study factor movements between countries which differ only in their tax regimes. Also, we briefly discuss some of the implications of differing tax regimes on the migration of skilled workers.
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© 1983 International Economic Association
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Ueda, K., Hamada, K. (1983). Migration, Alternative Tax Regimes and Capital Accumulation. In: Weisbrod, B., Hughes, H. (eds) Human Resources, Employment and Development. International Economic Association Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22741-9_25
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DOI: https://doi.org/10.1007/978-1-349-22741-9_25
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-22743-3
Online ISBN: 978-1-349-22741-9
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