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A provision of the tax code that specifies an amount by which a taxpayer's taxes will be reduced in return for some behavior.
Industry:Economy
A provision of the tax code that specifies an amount by which a taxpayer's tax base will be reduced in return for some behavior, resulting in a lowering of the amount of tax paid that depends on their tax rate.
Industry:Economy
A location, usually a country, where either rates of taxation or levels of enforcement are low, so that high taxes in other countries can be avoided by moving or locating there.
Industry:Economy
A technical regulation or other requirement (for testing, labeling, packaging, marketing, certification, etc. ) applied to imports in a way that restricts trade.
Industry:Economy
A requirement of characteristics (such as dimensions, quality, performance, or safety) that a product must meet in order to be sold on a country's market. See standards.
Industry:Economy
1. A specific method of production, using a particular combination of inputs. 2. A point on an isoquant.
Industry:Economy
A method used for displaying or manipulating economic models.
Industry:Economy
A change in a production function that alters the relationship between inputs and outputs. Normally it is understood to be an improvement in technology, or technological progress, and it is of interest in international economics for its implications for trade and economic welfare.
Industry:Economy
A difference in production functions, usually for the same industry compared between two countries, such that one country has higher output for any given input than the other.
Industry:Economy
A technological change that increases output for any given input.
Industry:Economy
