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Tariffs On Final And Intermediate Goods Under Global Sourcing
This paper studies the effects of trade barriers in the internal and the international organization of firms. It builds on the Antras and Helpman (2004) North-South model in which firms choose from among four organizational form types corresponding to the combined decisions: outsource vs. integrate, and North vs. South. It...
Does the Low-Income Housing Tax Credit Increase the Supply of Housing?
The Low Income Housing Tax Credit LIHTC was originated in conjunction with the Tax Reform Act of 1986 (TRA 86) to provide incentives for private sector production of low-income housing. This note examines whether these units have added to the existing stock or merely substituted for unsubsidized units that otherwise...
Does The Low-Income Housing Tax Credit Increase The Supply Of Housing?
The Low Income Housing Tax Credit LIHTC was originated in conjunction with the Tax Reform Act of 1986 (TRA 86) to provide incentives for private sector production of low-income housing. In this note we examine whether these units have added to the existing stock or merely substituted for unsubsidized units...
Rethinking Dairyland: Background For Decisions About Wisconsin's Dairy Industry
This paper analyzes benefits and costs for the U.S. and Wisconsin dairy industries stemming from international trade in dairy products. The focus is on the URWTO agreement and the NAFTA, and on benefits and costs as commonly perceived by dairy industry participants - not on broader economic efficiency and welfare...
Taxation for the 21st Century: The Automated Payment Transaction (APT) Tax
This paper examines the desirability and feasibility of replacing the present system of personal and corporate income, sales, excise, capital gains, import and export duties, gift and estate taxes with a single comprehensive revenue neutral Automated Payment Transaction tax. In its simplest form, the APT tax consists of a flat...
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