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Título:
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Corporate Taxation and Productivity Catch-Up: Evidence from European firms
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Autores:
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Gemmell, Norman ;
Kneller, Richard ;
McGowan, Danny ;
Sanz, Ismael ;
Sanz Sanz, José Félix
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Tipo de documento:
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texto impreso
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Editorial:
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Wiley-Blackwell, 2018
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Dimensiones:
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application/pdf
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Nota general:
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info:eu-repo/semantics/restrictedAccess
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Idiomas:
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Palabras clave:
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Estado = Publicado
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Materia = Ciencias Sociales: Economía: Desarrollo económico
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Materia = Ciencias Sociales: Economía: Economía pública
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Materia = Ciencias Sociales: Economía: Microeconomía
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Materia = Ciencias Sociales: Economía: Economía industrial
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Tipo = Artículo
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Resumen:
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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.
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En línea:
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https://eprints.ucm.es/id/eprint/60421/1/Corporate%20taxation-Gemmell.pdf
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