Does anyone have data on costs related to the FDA approval process for
veterinary drugs? I am interested to see how these would compare to commonly
cited information on the burdens associated with the human drug approval
process (time required to obtain approval, supporting documentation
Hi Cyril,
Actually I wrote a review article on this literature over a decade ago.
You can find it in my book with Laura Tyson and John Zysman _The Dynamics of
Trade and Employment_ Ballinger 1988. I'm sure there are better and more recent
reviews, but I haven't kept up with the literature.
I've been reading about Laffer's idea that there is a tendency for
revenues to increase with increased taxation up to a point where revenue
is maximized. As one of the class notes on Caplan's site indicates, you
can derive revenue as a function of the tax rate and assuming that the
slopes of the
In a message dated 4/18/05 3:21:40 PM, [EMAIL PROTECTED] writes:
I've been reading about Laffer's idea that there is a tendency for
revenues to increase with increased taxation up to a point where revenue
is maximized. As one of the class notes on Caplan's site indicates, you
can derive
James Wells wrote:
I've been reading about Laffer's idea that there is a tendency for
revenues to increase with increased taxation up to a point where revenue
is maximized. As one of the class notes on Caplan's site indicates, you
can derive revenue as a function of the tax rate and assuming that
I think the debate is over the tax rate where revenue is maximized. If it is
near 25%, you can argue cutting taxes will raise revenue, if it is nearer to
60%, cutting taxes will cause revenue to fall. I am sure there has been
research on this, but I do not know the consensus (last I heard, the
