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Taxation, Debt and Relative Prices in the Long Run: The Irish Experience
The Economic and Social Review
View Archive Info| Field | Value | |
| Title |
Taxation, Debt and Relative Prices in the Long Run: The Irish Experience
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| Creator |
Galstyan, Vahagn
Velic, Adnan |
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| Subject |
taxation; debt; Ireland
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| Description |
This paper investigates the effects of public debt and distortionary labour taxation on the long-run behaviour of Irish relative non-traded goods prices. We highlight that higher public debt, acting through higher taxes, has an equivocal impact on the relative supply of non-traded goods and, correspondingly, relative prices. Our empirical analysis for Ireland suggests that taxes and public debt play significant roles in the long run, comoving negatively with the relative price of non-tradables. Accordingly, shifts in public debt and taxation bear implications for the country’s international price competitiveness.
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| Publisher |
The Economic and Social Review
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| Contributor |
—
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| Date |
2017-09-12
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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| Format |
application/pdf
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| Identifier |
http://www.esr.ie/article/view/768
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| Source |
The Economic and Social Review; Vol 48, No 3, Autumn (2017); 231-251
0012-9984 |
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| Language |
eng
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| Relation |
http://www.esr.ie/article/view/768/161
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| Rights |
Copyright (c) 2017 The Economic and Social Review
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