Government Tax Incentives and Fixed Asset Acquisitions: A Comparative Study of Four Industrial Countries.
研究了四个工业国家中政府税收和非税收激励对固定资产投资的刺激效果，发现这些措施对企业的投资决策没有显著影响。
Abstract The use of tax and nontax government incentives to stimulate business investment in fixed assets is commonplace. Most of these incentives are supply-side measures. This article presents the results of a study designed to determine the efficacy of such provisions. The four industrialized countries examined in this study were selected because of the similarities in their economic objectives and because of the variety of their incentive provisions. The results clearly indicate that none of these different measures and techniques significantly impact decision making involving fixed assets. Implications of the findings also are presented.