TY - BOOK ID - 84541431 TI - Recent U.S. Investment Incentives PY - 1993 SN - 1462304559 1455202088 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Business Taxes and Subsidies KW - Capacity KW - Capital KW - Corporate & business tax KW - Corporate income tax KW - Corporate Taxation KW - Corporations KW - Depreciation KW - Fiscal Policy KW - Forecasting and Simulation: Models and Applications KW - Income tax KW - Intangible Capital KW - Investment incentives KW - Investment KW - Investments: General KW - Macroeconomics KW - National accounts KW - Personal Finance -Taxation KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Public finance & taxation KW - Saving and investment KW - Tax allowances KW - Tax incentives KW - Taxation KW - Taxation, Subsidies, and Revenue: General KW - Taxes KW - United States UR - https://www.unicat.be/uniCat?func=search&query=sysid:84541431 AB - The apparent slowdown in U.S. investment and productivity growth in recent years has led to a number of proposals to stimulate investment through the adoption of tax incentives. This paper describes the incentives that were contained in the February 1993 Budget and estimates their effect on the user cost of capital. The recent evidence regarding the effect of tax changes on investment in the United States is reviewed, and the likely effect of the Budget’s proposals on investment and overall economic activity is simulated. The simulations suggest that the proposals would have had a stimulative but largely transitory effect on U.S. investment and output. ER -