000			01714nab a2200289 c 4500
999			_c137940 _d137940
003			ES-MaIEF
005			20221212174230.0
007			t|
008			180424s2018 sp ||||| |||| 00| 0|spa d
040			_aES-MaIEF _bspa _cES-MaIEF
041			_aspa
245		0	_aCorporate taxation and productivity catch-up _b evidence from European firms _c Norman Gemmell ... [et al.]
260			_c2018
500			_aDisponible en formato electrónico a través de la Biblioteca del IEF.
500			_aResumen.
504			_aBibliografía.
520			_aIn 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.
650		4	_943504 _aEMPRESAS
650		4	_948148 _aPRODUCTIVIDAD
650		4	_945680 _aIMPUESTO DE SOCIEDADES
650		4	_941194 _aCONVERGENCIA
650		4	_948644 _aUNION EUROPEA
700	1		_917962 _aGemmell, Norman
773	0		_9156060 _oOP 1376/2018/2 _tThe Scandinavian Journal of Economics _w(IEF)34704 _x 0347-0520 _g v. 120, n. 2, 2018, p. 372-399
856			_uhttps://onlinelibrary.wiley.com/doi/epdf/10.1111/sjoe.12212
942			_2udc _cART