State taxation and the reallocation of business activity evidence from establishment - level data Xavier Giroud, Joshua Rauh
By: Giroud, Xavier
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Contributor(s): Rauh, Joshua.
Material type: 
ArticlePublisher: 2019Subject(s): SOCIEDADES | IMPUESTOS | ELASTICIDAD IMPOSITIVA | ACTIVIDADES ECONOMICAS | ESTADOS UNIDOS | ANALISIS DE DATOSOnline resources: Click here to access online
In:
Journal of Political Economy v. 127, n. 3, June 2019, p. 1262-1316Summary: Using census microdata on multistate firms and their organizational forms, we estimate the impact of state taxes on business activity. For C corporations, employment and the number of establishments have short-run corporate tax elasticities of20.4 to 20.5 and do not vary with changes in personal tax rates. Pass-through entity activities show tax
elasticities of 20.2 to 20.4 with respect to personal tax rates and are invariant with respect to corporate tax rates. Capital shows similar patterns. Reallocation of productive resources to other states drives around half the effect. The responses are strongest for firms in tradable and footloose industries.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 229/2019/3-1 (Browse shelf) | Available | OP 229/2019/3-1 |
Disponible también en formato electrónico en la Biblioteca del IEF.
Resumen.
Bibliografía.
Using census microdata on multistate firms and their organizational forms, we estimate the impact of state taxes on business activity. For C corporations, employment and the number of establishments have short-run corporate tax elasticities of20.4 to 20.5 and do not vary with changes in personal tax rates. Pass-through entity activities show tax
elasticities of 20.2 to 20.4 with respect to personal tax rates and are invariant with respect to corporate tax rates. Capital shows similar patterns. Reallocation of productive resources to other states drives around half the effect. The responses are strongest for firms in tradable and footloose industries.
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