Corporate taxation and productivity catch-up evidence from European firms Norman Gemmell ... [et al.]
Contributor(s): Gemmell, Norman
.
Material type: 
ArticlePublisher: 2018Subject(s): EMPRESAS | PRODUCTIVIDAD | IMPUESTO DE SOCIEDADES | CONVERGENCIA | UNION EUROPEAOnline resources: Click here to access online
In:
The Scandinavian Journal of Economics v. 120, n. 2, 2018, p. 372-399Summary: In this paper, we explore whether higher corporate tax rates, because they lower the after-tax returns to productivity-enhancing investments, reduce the speed with which small
firms converge to the productivity frontier. Using data for 11 European countries, we find evidence that their productivity catch-up is slower when the statutory corporate tax rates are higher. In contrast, we find that large firms are instead affected by effective marginal rates. Using the reduced-form model of productivity convergence of Griffith et al. (2009, Journal of Regional Science 49, 689–720), our results are robust to a
host of robustness checks and a natural experiment that exploits the 2001 German tax reforms.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 1376/2018/2-1 (Browse shelf) | Available | OP 1376/2018/2-1 |
Browsing IEF Shelves Close shelf browser
| No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | No cover image available | ||
| OP 1376/2017/4 Optimal Income Taxtaion and Job Choice | OP 1376/2018/120/1 The Scandinavian Journal of Economics | OP 1376/2018/2 The Scandinavian Journal of Economics | OP 1376/2018/2-1 Corporate taxation and productivity catch-up | OP 1376/2018/2-2 Revisiting the narrative approach of estimating tax multipliers | OP 1376/2018/3 The Scandinavian Journal of Economics | OP 1376/2018/3-1 Elasticity of taxable income |
Disponible en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
In this paper, we explore whether higher corporate tax rates, because they lower the after-tax returns to productivity-enhancing investments, reduce the speed with which small
firms converge to the productivity frontier. Using data for 11 European countries, we find evidence that their productivity catch-up is slower when the statutory corporate tax rates are higher. In contrast, we find that large firms are instead affected by effective marginal rates. Using the reduced-form model of productivity convergence of Griffith et al. (2009, Journal of Regional Science 49, 689–720), our results are robust to a
host of robustness checks and a natural experiment that exploits the 2001 German tax reforms.
There are no comments for this item.