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This report builds on the OECD’s longstanding work measuring government support in agriculture, fossil fuels, fisheries, and more recently in the aluminium value chain in order to estimate producer support and related market distortions in the semiconductor value chain. Results for 21 large...
Persistent link: https://www.econbiz.de/10012147309
’s Republic of China and countries of the Gulf Cooperation Council. Looking across the whole value chain also shows subsidies …
Persistent link: https://www.econbiz.de/10011955796
Industrial subsidies take on a growing importance in trade discussions. Yet assessing the scope and scale of government … alternative for measuring industrial subsidies. Using this approach, recent OECD work has identified and quantified government …
Persistent link: https://www.econbiz.de/10014324014
The 2017 Tax Cut and Jobs Act reduced the US corporate tax rate and introduced provisions to curb profit shifting. We combine survey data, tax data, and firm financial statements to study the evolution of the geographical allocation of US firms' profits after the reform. The share of profits...
Persistent link: https://www.econbiz.de/10013210114
We evaluate the 2017 Tax Cuts and Jobs Act. Combining reduced-form estimates from tax data with a global investment model, we estimate responses, identify parameters, and conduct counterfactuals. Domestic investment of firms with the mean tax change increases 20% versus a no-change baseline. Due...
Persistent link: https://www.econbiz.de/10014512034
Persistent link: https://www.econbiz.de/10011162166
The support that governments provide to their industrial producers has been a growing source of concern. Much of that support is provided by governments through the financial system, either in the form of below‑market borrowings or below-market equity. To better understand the nature and scale...
Persistent link: https://www.econbiz.de/10012630502
Government support to producers of rolling stock is raising concerns about possible market distortions and unfair competition. This report aims to quantify both the scale of government support and to identify the various ways in which governments have been supporting local rolling-stock...
Persistent link: https://www.econbiz.de/10014278835
(including fertilisers), and cement. Most of the energy subsidies identified appear to concern the provision of natural gas and ….02-0.03 per kWh, respectively, over the period 2010-20. In some cases, estimates indicate that subsidies are a multiple of firms … implications for efforts to better discipline industrial subsidies in the WTO and elsewhere, notably in relation to how to ensure …
Persistent link: https://www.econbiz.de/10014278985
We examine firm responses to location-based hiring subsidies. We leverage institutional features of the California … and audited hiring subsidies can be effective in promoting local business expansions without significant cross …
Persistent link: https://www.econbiz.de/10013462712