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Volume 13, Number 3, 1998 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/28109
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| Title: | INVESTMENT BEHAVIOR AND TAX POLICY |
| Authors: | Jensen, Carsten Lynge |
| Issue Date: | 1998 |
| Abstract: | This paper concerns the behavioral modeling of the aggregated capital dynamics in the Danish fishing fleet. The emphasis is placed on testing the impact of the after-tax user cost of capital and aggregated profit on capital dynamics in the fishing fleet. It is argued that the investment behavior is driven by the incentives created by implemented tax and depreciation legislation. The policy implication of the study is that a tax on capital is seen as an effective tool in controlling incentives for overcapitalization in the fishing fleet. |
| URI: | http://purl.umn.edu/28109 |
| Institution/Association: | Marine Resource Economics>Volume 13, Number 3, 1998 |
| Total Pages: | 12 |
| Language: | English |
| From Page: | 185 |
| To Page: | 196 |
| Collections: | Volume 13, Number 3, 1998
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