Who benefits from State corporate tax cuts? a local labor market approach with heterogeneous firms : reply by Juan Carlos Suárez Serrato and Owen Zidar
By: Suárez Serrato, Juan Carlos
.
Contributor(s): Zidar, Owen.
Material type: 
ArticleSubject(s): SOCIEDADES | IMPUESTOS | REDUCCIONES TRIBUTARIAS | INCIDENCIA Y TRASLACION | MERCADO DE TRABAJO | ESTADOS UNIDOS | MODELOS ECONOMETRICOS
In:
The American Economic Review v. 113, n. 12, December 2023, p. 3401-3410Summary: In Suárez Serrato and Zidar (2016), we estimate the incidence of state corporate taxes. Malgouyres, Mayer, and Mazet-Sonilhac (2023) highlight two errors, ignoring effects on firm composition and characterizing capital costs inconsistently. This reply corrects the structural model and corresponding incidence estimates. The incidence results are similar to the originally reported estimates and the confidence intervals widen for some estimates. In the corrected structural model, the firm owner incidence share estimate changes by 1.6 percentage points relative to the original version (i.e., 38.1 percent versus 36.5 percent). The worker share estimate is 35.0 percent. Landowners bear the remaining 26.8 percent.
| Item type | Current location | Home library | Call number | Status | Date due | Barcode |
|---|---|---|---|---|---|---|
| Artículos | IEF | IEF | OP 234/2023/12-1 (Browse shelf) | Available | OP 234/2023/12-1 |
Resumen.
Bibliografía.
In Suárez Serrato and Zidar (2016), we estimate the incidence of state corporate taxes. Malgouyres, Mayer, and Mazet-Sonilhac (2023) highlight two errors, ignoring effects on firm composition and characterizing capital costs inconsistently. This reply corrects the structural model and corresponding incidence estimates. The incidence results are similar to the originally reported estimates and the confidence intervals widen for some estimates. In the corrected structural model, the firm owner incidence share estimate changes by 1.6 percentage points relative to the original version (i.e., 38.1 percent versus 36.5 percent). The worker share estimate is 35.0 percent. Landowners bear the remaining 26.8 percent.
There are no comments for this item.