Kenneth J McKenzie
Biographic Data
| ID | 6471138 |
|---|---|
| NAME | Kenneth J McKenzie |
| GIVEN NAMES | Kenneth J |
| FAMILY NAME | McKenzie |
| SIGNATURE | MCKENZIE K J |
| AFFILIATIONS | University of Calgary |
| VERIFIED | No |
| TOTAL WORKS | 7 |
| TOTAL CITATIONS | 3 |
| WORKS AS AUTHOR | 7 |
| WORKS AS EDITOR | 0 |
| FIRST PUBLICATION YEAR | 1990 |
| LATEST PUBLICATION YEAR | 2016 |
| H-INDEX | 1 |
Going Dutch? The Impact of Falling Oil Prices on the Canadian Economy
The steady-state impact of reductions in the price of oil is examined using a CGE model of the Canadian economy. In our base case of a 10 percent reduction in the oil price, national output declines by 1.0 percent and consumer welfare by 0.90 percent. The welfare losses are shared broadly across the provinces, most particularly Ontario, Canada's manufacturing hub. The corollary, of course, is that a positive price shock leaves Canadians better of…
Taxation and R&D
We in vestigate the extent of the impact that direct tax subsidies (the “push” effect) and the competitiveness of the production tax system (the “pull” effect) have on research and development. A panel dataset of nine countries over nineteen years is used to estimate a dynamic fixed effects model of aggregate R&D. Both effects are significant and economically important. The short-run elasticity of R&D with respect to the push effect ranges from –…
Tax Subsidies for R&D in Canadian Provinces
This paper documents the variation in effective tax rates for R&D in Canada's ten provinces. It is shown that while a sizable tax subsidy for R&D exists in every province, the variation across provinces is significant, ranging from an effective subsidy rate of about 40 percent in Alberta to over 200 percent in Quebec
Electoral and Partisan Cycles in Fiscal Policy
The Characteristics of Fiscal Policy in Canada
Dans cet article, nous utilisons une methodologie qui permet de faire la distinction entre les changements discretionnaires et non-discretionnaires dans les politiques fiscales provinciales et federales. Nous trouvons des variations intertemporelles et interjuridictionnelles importantes dans les politiques discretionnaires des gouvernements au Canada. Cet article revele une asymetrie importante dans la composition des positions fiscales discretio…
The Impact of the Capital Gains Exemption on Capital Markets
Using event study methodology, we test the hypothesis that the 1985 capital gains exemption decreased the marginal effective tax rate on capital gains using two samples of stock market prices that control for industry and firm level effects of other aspects of the budget. We derive estimates of the impact of the exemption on the effective capital gains tax rate, and on the user cost of capital. Using existing estimates of the relationship between…
Federal and Provincial Taxation of the Canadian Mining Industry
The Characteristics of Fiscal Policy in Canada
Dans cet article, nous utilisons une methodologie qui permet de faire la distinction entre les changements discretionnaires et non-discretionnaires dans les politiques fiscales provinciales et federales. Nous trouvons des variations intertemporelles et interjuridictionnelles importantes dans les politiques discretionnaires des gouvernements au Canada. Cet article revele une asymetrie importante dans la composition des positions fiscales discretio…
Tax Subsidies for R&D in Canadian Provinces
This paper documents the variation in effective tax rates for R&D in Canada's ten provinces. It is shown that while a sizable tax subsidy for R&D exists in every province, the variation across provinces is significant, ranging from an effective subsidy rate of about 40 percent in Alberta to over 200 percent in Quebec
Federal and Provincial Taxation of the Canadian Mining Industry
The Impact of the Capital Gains Exemption on Capital Markets
Using event study methodology, we test the hypothesis that the 1985 capital gains exemption decreased the marginal effective tax rate on capital gains using two samples of stock market prices that control for industry and firm level effects of other aspects of the budget. We derive estimates of the impact of the exemption on the effective capital gains tax rate, and on the user cost of capital. Using existing estimates of the relationship between…
The Characteristics of Fiscal Policy in Canada
Dans cet article, nous utilisons une methodologie qui permet de faire la distinction entre les changements discretionnaires et non-discretionnaires dans les politiques fiscales provinciales et federales. Nous trouvons des variations intertemporelles et interjuridictionnelles importantes dans les politiques discretionnaires des gouvernements au Canada. Cet article revele une asymetrie importante dans la composition des positions fiscales discretio…
Electoral and Partisan Cycles in Fiscal Policy
Tax Subsidies for R&D in Canadian Provinces
This paper documents the variation in effective tax rates for R&D in Canada's ten provinces. It is shown that while a sizable tax subsidy for R&D exists in every province, the variation across provinces is significant, ranging from an effective subsidy rate of about 40 percent in Alberta to over 200 percent in Quebec
Taxation and R&D
We in vestigate the extent of the impact that direct tax subsidies (the “push” effect) and the competitiveness of the production tax system (the “pull” effect) have on research and development. A panel dataset of nine countries over nineteen years is used to estimate a dynamic fixed effects model of aggregate R&D. Both effects are significant and economically important. The short-run elasticity of R&D with respect to the push effect ranges from –…
Going Dutch? The Impact of Falling Oil Prices on the Canadian Economy
The steady-state impact of reductions in the price of oil is examined using a CGE model of the Canadian economy. In our base case of a 10 percent reduction in the oil price, national output declines by 1.0 percent and consumer welfare by 0.90 percent. The welfare losses are shared broadly across the provinces, most particularly Ontario, Canada's manufacturing hub. The corollary, of course, is that a positive price shock leaves Canadians better of…
Economics (7 works) · Business (3 works) · Macroeconomics (3 works) · Canadian Policy and Governance (2 works) · Corporate Taxation and Avoidance (2 works) · Fiscal Policies and Political Economy (2 works) · Fiscal policy (2 works) · Fiscal Policy and Economic Growth (2 works) · Geography (2 works) · Innovation Policy and RD (2 works)