Similar Search Results

To Cut or Not to Cut? On the Impact of Corporate Taxes on Employment and Income

Ljungqvist, Alexander; Smolyansky, Michael - National Bureau of Economic Research (NBER) - 2014

Do corporate tax increases destroy jobs? And do corporate tax cuts boost employment? Answering these questions has proved empirically challenging. We propose an identification strategy that exploits variation in corporate income tax rates across U.S. states. Comparing contiguous counties...

Persistent link: https://www.econbiz.de/10011103502

Mafia and Public Spending: Evidence on the Fiscal Multiplier from a Quasi-experiment

Acconcia, Antonio; Corsetti, Giancarlo; Simonelli, Saverio - In: American Economic Review 104 (2014) 7, pp. 2185-2209

A law issued to combat political corruption and Mafia infiltration of city councils in Italy has resulted in episodes of large, unanticipated, temporary contractions in local public spending. Using these episodes as instruments, we estimate the output multiplier of spending cuts at provincial...

Persistent link: https://www.econbiz.de/10010788952

Property tax and fiscal discipline in OECD countries

Presbitero, Andrea F.; Sacchi, Agnese; Zazzaro, Alberto - In: Economics Letters 124 (2014) 3, pp. 428-433

This paper investigates the effects of property taxation on fiscal discipline for a sample of OECD countries over the period 1973–2011. We find that aggregate property taxation in total tax revenues is not statistically correlated with the primary surplus-to-GDP ratio. In contrast, a greater...

Persistent link: https://www.econbiz.de/10010930740

The French Tax System: Main Characteristics, Recent Developments and Some Considerations for Reform

Leibfritz, Willi; O'Brien, Paul - Economics Department, Organisation de Coopération et … - 2005

France belongs to the group of OECD countries with relatively high tax levels. In recent years French governments have been increasingly aware that the tax system may have negative effects on growth and employment and some reforms have been introduced to reduce tax distortions. There has,...

Persistent link: https://www.econbiz.de/10005046028

Do Oil Windfalls Improve Living Standards? Evidence from Brazil

Caselli, Francesco; Michaels, Guy - C.E.P.R. Discussion Papers - 2009

We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...

Persistent link: https://www.econbiz.de/10008509470

Tax policy and state economic growth: The long-run and short-run of it

Ojede, Andrew; Yamarik, Steven - In: Economics Letters 116 (2012) 2, pp. 161-165

This paper uses a pooled mean group (PMG) estimator to evaluate the effects of tax policy on state-level growth. We find that property and sales tax rates have negative effects on long-run income growth, while income tax rates have no impact.

Persistent link: https://www.econbiz.de/10010597201

Fiscal Prospects and Reforms in India

Herd, Richard; Hill, Sam; Koen, Vincent - Economics Department, Organisation de Coopération et … - 2011

, efforts to reduce them have resumed since. To ensure continued progress, as well as stronger government finances in the longer … finances publiques. Certes, le déficit s’est de nouveau aggravé en 2008-2009, du fait de la crise financière et économique … en intégrant la loi de finances annuelle à un programme glissant, détaillé, étalé sur trois exercices. Il faut aussi …

Persistent link: https://www.econbiz.de/10009364448

On the Relationship Between Mobility, Population Growth, and Capital Spending in the United States

Bassetto, Marco; McGranahan, Leslie - National Bureau of Economic Research (NBER) - 2011

In this paper, we investigate the relationship between public capital spending and population dynamics at the state level. Empirically, we document two robust facts. First, states with faster population growth do not spend more (per capita) to accommodate the needs of their growing population....

Persistent link: https://www.econbiz.de/10009001143

Do Oil Windfalls Improve Living Standards? Evidence from Brazil

Caselli, Francesco; Michaels, Guy - National Bureau of Economic Research (NBER) - 2009

Persistent link: https://www.econbiz.de/10008610984

The System of Revenue Sharing and Fiscal Transfers in China

Wang, Xiao; Herd, Richard - Economics Department, Organisation de Coopération et … - 2013

The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...

Persistent link: https://www.econbiz.de/10011276970