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Impôt, déficit et croissance économique : un réexamen de la courbe de Laffer

  • Alexandru Minea
  • Patrick Villieu

Since the Barro (1990) model, the theoretical literature emphasizes the existence of an inverted-U curve between taxes and economic growth, in the spirit of the “Laffer curve”. Nevertheless, empirical evidence does not seem to support this result. We show that this dilemma disappears once we extend the analysis to the presence of fiscal deficits. Thus, accounting for the effect of deficits in the relation between taxes and growth allows reconciling the data with the theoretical conclusions in the favor of an “economic growth Laffer curve”.

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Article provided by Dalloz in its journal Revue d'économie politique.

Volume (Year): 119 (2009)
Issue (Month): 4 ()
Pages: 653-675

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Handle: RePEc:cai:repdal:redp_194_0653
Contact details of provider: Web page: http://www.cairn.info/revue-d-economie-politique.htm

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  16. Fullerton, Don, 1982. "On the possibility of an inverse relationship between tax rates and government revenues," Journal of Public Economics, Elsevier, vol. 19(1), pages 3-22, October.
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  20. Ireland, Peter N., 1994. "Supply-side economics and endogenous growth," Journal of Monetary Economics, Elsevier, vol. 33(3), pages 559-571, June.
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