Investment Incentives

A comparative analysis of the systems in the EEC, the USA and Sweden

  • Barry Bracewell-Milnes
  • J. C. L. Huiskamp

Table of contents

  1. Front Matter
    Pages 1-10
  2. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 11-12
  3. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 13-16
  4. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 17-19
  5. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 20-22
  6. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 23-25
  7. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 26-45
  8. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 46-70
  9. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 71-85
  10. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 86-101
  11. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 102-112
  12. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 113-119
  13. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 120-125
  14. Barry Bracewell-Milnes, J. C. L. Huiskamp
    Pages 126-135
  15. Back Matter
    Pages 137-143

About this book

Introduction

Modern society cannot function without a high level of investment, just as it cannot function without a high level of taxation (or its equivalent in communist countries). Both investment and taxation (as a source of government revenue) are important for the level of production and employment. No wonder then that governments are faced with an increasing dilemma between higher taxation on the one hand and the need for stimulating investment by tax reductions or allowances on the other. Related to this is the choice between a market economy which is as free as possible and detailed governmental measures for monitoring and steering investments, not only with the intention to promote economic growth but to further a nu mb er of other social interests as weil. This is to some extent a political issue but the decisions it involves should still be based on sound economic facts and considerations. In many countries one of the important instruments for stimulating and steering investment is the introduction oi\modification of investment incentives within the framework of the tax system. The present book gives a lot of information on this subject. It endeavours to create a conceptual order in the somewhat chaotic multitude of incentives practised by the main industrial countries and studies their economic effects. The authors are weil equipped to do this because they were c10sely involved in the study on this subject made by Erasmus U niversity Rotterdam at the request of the Common Market Com­ mission.

Keywords

Investment economic growth economy employment growth information production taxation

Authors and affiliations

  • Barry Bracewell-Milnes
    • 1
  • J. C. L. Huiskamp
    • 1
  1. 1.Institute for Fiscal StudiesErasmus UniversityRotterdamThe Netherlands

Bibliographic information

  • DOI https://doi.org/10.1007/978-94-017-4408-9
  • Copyright Information Springer Science+Business Media B.V. 1977
  • Publisher Name Springer, Dordrecht
  • eBook Packages Springer Book Archive
  • Print ISBN 978-90-200-0499-1
  • Online ISBN 978-94-017-4408-9
  • About this book