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Published in 2018 at "Empirical Economics"
DOI: 10.1007/s00181-018-1481-0
Abstract: AbstractThis paper explores whether the validity of infrastructure investment serves as a procyclical or anticyclical instrument to counter a recession in the case of the Japanese economy. Infrastructure consumption is usually financed by taxes. For…
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Keywords:
infrastructure;
tax regimes;
infrastructure investment;
taxation ... See more keywords