business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with … were cut back in 1997. Moreover, there was a significant reduction in building investment in the year after the expiration …

Custom software is distinct from other types of capital in that it is non-rival—once a firm makes an investment in … custom software. In the model, firms choose whether to adopt custom software, the intensity of their investment, and their …-rivalrous custom software investment. Using the calibrated model, we assess the extent to which the decline in the rental rate of …

We investigate whether investment incentives work in less developed countries by exploiting the introduction of … accelerated depreciation (AD) for fixed asset investment in China as a natural experiment. In contrast to the large positive … stimulating Chinese firms' investment. Further, using confidential corporate tax returns from a large province, we find that firms …

deduction for qualified angel and VC investment in China as a quasi-natural experiment. We find that the tax incentive increases … substitution between eligible and non-eligible investments. There is no evidence that the tax incentive lowers investment quality …