Benzarti, Youssef
Who really benefits from consumption tax cuts ? evidence from al arge VAT reform in France / by Youssef Benzarti and Dorian Carloni .-- , 2019
Disponible también en formato electrónico en la Biblioteca del IEF.
Resumen.
This paper evaluates the incidence of a large cut in value-added taxes (VATs) for French sit-down restaurants in 2009. In contrast to previous studies, which only focus on the price effects of VAT reforms, we estimate the effects of the VAT cut on four groups: workers, firm owners, consumers, and suppliers of material goods. Using a difference-in-differences strategy on firm-level data, we find that: firm owners pocketed more than 55 percent of the VAT cut; consumers, sellers of material goods, and employees shared the remaining windfall with consumers benefiting the least; and the employment effects were limited.
IMPUESTO SOBRE EL VALOR AÑADIDO
REDUCCIONES TRIBUTARIAS
FRANCIA
Carloni, Dorian
American Economic Journal. Economic Policy 1945-7731 v. 11, n. 1, February 2019, p. 38-63
Who really benefits from consumption tax cuts ? evidence from al arge VAT reform in France / by Youssef Benzarti and Dorian Carloni .-- , 2019
Disponible también en formato electrónico en la Biblioteca del IEF.
Resumen.
This paper evaluates the incidence of a large cut in value-added taxes (VATs) for French sit-down restaurants in 2009. In contrast to previous studies, which only focus on the price effects of VAT reforms, we estimate the effects of the VAT cut on four groups: workers, firm owners, consumers, and suppliers of material goods. Using a difference-in-differences strategy on firm-level data, we find that: firm owners pocketed more than 55 percent of the VAT cut; consumers, sellers of material goods, and employees shared the remaining windfall with consumers benefiting the least; and the employment effects were limited.
IMPUESTO SOBRE EL VALOR AÑADIDO
REDUCCIONES TRIBUTARIAS
FRANCIA
Carloni, Dorian
American Economic Journal. Economic Policy 1945-7731 v. 11, n. 1, February 2019, p. 38-63