of tax return data, as commonly done in the literature, results in a significant bias of the elasticity away from zero …

instead of tax return data, as commonly done in the literature, results in a significant bias of the elasticity away from zero …

We develop a conceptual framework which captures the effect of the VAT system on profit by two effective taxes. This …) develops a formula for estimating the elasticity of value-added with respect to the statutory tax. We show that the marginal … excess burden of the tax on suppliers is measured by this elasticity, extending Feldstein's analysis of the elasticity of …

describe profit reinvestments in a general way based on results of a primary pilot study (128 interviews), where reinvestment …