We present a model of endogenous firm growth with R&D investment and stochastic innovation as the engines of growth …) firm growth independent of firm size, as stated in the so-called Gibrat's law, and (iii) R&D investment proportional to …

This paper develops and tests the hypothesis that accounting rules mitigate the effect of tax policy on firm investment … incentives that do and do not affect them. Investment tax credits, which do affect accounting profits, have larger effects on … investment than accelerated depreciation, which does not. This difference in estimated effects is not obviously driven by …

we link to private investment across 70 provinces. To formally explore these data we expand an established theory of … asymmetric substate conflict –the “information-centric” model, adding firms, investment, taxation and predation (i ….e., extortionary violence by rebels in response to investment) to the interplay of government, rebels and civilians, generating …

This paper analyzes the impact on firm behavior of the Homeland Investment Act of 2004, which provided a one-time tax …. Repatriations did not lead to an increase in domestic investment, employment or R&D -- even for the firms that lobbied for the tax …

will have no impact on corporate investment decisions. This paper develops econometric tests which distinguish between … these two views of dividend taxation. By extending Tobin's quot;qquot; theory of investment to incorporate taxes at both the … corporate and personal levels, the implications of each view for corporate investment decisions can be derived. The competing …

, progressive taxation as well as investment and output subsidies to the entrepreneurial sector …

decrease their Ramp;D spending (our main proxy for long-term investment) more than Japanese firms. We find no evidence that …

This paper derives analytical measures of the combined effects of tax changes and adjustment costs on investment and …

, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …