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capital income taxation europe trends and trade offs pdf
... starting point is the system of national accounts (sinn, 1987). its basic relation is the identity 'net national product equals net national income' where denotes gross national product, the depreciation rate ... rates. nevertheless, their trends sketch the same picture they do not change much, and therefore confirm the stylised fact of a simultaneous reduction in rates and broadening of bases. table 2 ...
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Microsoft Word - hoen.doc
... final demand per sector. the leontief inverse is calculated as ( ) 1 ail which i an identity matrix a the matrix with inputcoefficients each element aij denotes total intermediate deliveries from sector ... are in both cases relatively large. although it is tempting to conclude that these results confirm that the decrease in energy intensity is an important factor in reducing the emission of ...
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structural changes demand labor pdf
... to equal the total cost of production. using this accounting identity, we can derive the cost of capital from value added, ... across studies. however, none of the studies on the netherlands fully confirm the 'stylized facts' as reported in hamermesh. in line with our ... approach we assume profit margins to be zero. using this accounting identity, the cost of capital can be derived from value added, ...
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