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- W2044638085 abstract "This paper analyses in a simple general equilibrium framework how uncertainty regarding the future level of (domestic) taxes on factor incomes, and regarding trade liberalization in an economy contemplating tariff reforms, affects the overall volume of domestic investment and capital flight. It is a variation of the Alesina–Tabellini model [Alesina, A., Tabellini, G., 1989. External debt, capital flight and political risk. Journal of International Economics 27], and brings out the importance of income effects (in addition to substitution effects) in determining how the volume of capital flight responds to changes in key policy uncertainty parameters." @default.
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- W2044638085 date "1999-08-01" @default.
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- W2044638085 title "Capital flight under uncertainty about domestic taxation and trade liberalization" @default.
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- W2044638085 doi "https://doi.org/10.1016/s0304-3878(99)00017-6" @default.
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