术语“边际税率”的详细信息

英译术语:

marginal tax rate

汉语语境:

日本的边际间接税率在1976年前呈下降之势而其后趋于上升；边际直接税率则在日本泡沫经济崩溃后持续下降。边际税率与日本的实际经济增长率之间存在着长期均衡的协整关系。边际税率在短期内并不是日本经济增长率的格兰杰原因；但在长期，无论边际间接税率还是边际直接税率都会对日本经济产生负面影响。由此，提高消费税率有损于日本的长期经济增长，可行的财政政策应当是在减税的同时降低政府的财政支出。

英语语境:

The Japanese marginal indirect tax rate had descended until 1976 and then exhibited an uprising trend, while the marginal direct tax rate has kept dropping since the bust of the Japanese bubble economy. There is a long-run equilibrium cointegrating relationship between the marginal tax rates and Japanese real economic growth rate. In short-run, neither of the marginal tax rates is the Granger cause of the Japanese economic growth rate; in the long-run, however, both indirect and direct marginal tax rates have negative effects upon the Japanese economic growth. Therefore, the rising consumption rate will hurt the Japanese economy. An applicable fiscal policy is to reduce both of Japanese taxation and governmental expenditure.