Narrow search
Showing 1 - 10 of 8,584
Cover Image
Corporate taxation and investment : explaining investment dynamics with firm-level panel data
Dwenger, Nadja - 2009
framework for analyzing tax effects on changes in capital stock. In particular I estimate a one-step error correction model (ECM …) complementing the usual estimation of a distributed lag model. A correction term accounts for non-random sample attrition, which has … incomplete. Both, ECM and distributed lag model, suggest that user cost of capital and output have an economically and …
Persistent link: https://www.econbiz.de/10003883175
Cover Image
Corporate taxation and investment : explaining investment dynamics with firm-level panel data
Dwenger, Nadja - 2009
framework for analyzing tax effects on changes in capital stock. In particular I estimate a one-step error correction model (ECM …) complementing the usual estimation of a distributed lag model. A correction term accounts for non-random sample attrition, which has … incomplete. Both, ECM and distributed lag model, suggest that user cost of capital and output have an economically and …
Persistent link: https://www.econbiz.de/10003948533
Cover Image
Business capital accumulation and the user cost : is there a heterogeneity bias?
Fatica, Serena - 2017
Empirical models of capital accumulation estimated on aggregate data series are based on the assumption that capital asset types respond in the same way to cost variables. Likewise, aggregate models do not consider potential heterogeneity in investment behavior originating on the demand side for...
Persistent link: https://www.econbiz.de/10012054683
Cover Image
Improving the tax system in Indonesia
Arnold, Jens Matthias - 2012
Indonesia has come a long way in improving its tax system over the last decade, both in terms of revenues raised and administrative efficiency. Nonetheless, the tax take is still low, given the need for more spending on infrastructure and social protection. With the exception of the natural...
Persistent link: https://www.econbiz.de/10009696506
Cover Image
Estimating fixed effects : perfect prediction and bias in binary response panel models, with an application to the hospital readmissions reduction program
Kunz, Johannes S.; Staub, Kevin E.; Winkelmann, Rainer - 2017
The maximum likelihood estimator for the regression coefficients, β, in a panel binary response model with fixed …
Persistent link: https://www.econbiz.de/10011764680
Cover Image
Links between sustainability-related innovation and sustainability management
Wagner, Marcus (contributor) - 2008
This paper analyses the link between sustainability-related innovation and sustainability performance and the role that family firms play in this. This theme is particular relevant from a European point of view given the large number of firms that are family-owned. Governments often support...
Persistent link: https://www.econbiz.de/10003727665
Cover Image
Firm leadership and innovative performance : evidence from seven EU Countries
Kraft, Kornelius; Czarnitzki, Dirk - 2002 - This Version: March 2002
This paper considers the effect of different firm leadership on the innovative performance of firms from seven EU countries. We investigate whether owner-led or manager-led firms achieve a larger share of their turnover with product innovations. Economic theory does not propose clear answers to...
Persistent link: https://www.econbiz.de/10011446303
Cover Image
Capital decay and tax distortions : how to abandon exponential decay and benefit from it
Biørn, Erik - 2009
The appropriate way of quantifying how taxation of a firm's income and capital can distort its optimizing conditions is a recurring issue in the literature on optimal taxation. Exponential decay, although empirically contested, is almost ubiquitous. In the present paper a generalized framework...
Persistent link: https://www.econbiz.de/10003914466
Cover Image
Econometric issues in estimating user cost elasticity
Schaller, Huntley - 2006
important, long-run estimates of key parameters are less biased - and the details of the econometrics matter. In particular … ; adjustment frictions ; cointegration and long-run econometrics …
Persistent link: https://www.econbiz.de/10009732579
Cover Image
Uninsurable investment risks and capital income taxation
Meh, Césaire Assah (contributor); Terajima, Yaz (contributor) - 2009
This paper studies the capital accumulation and welfare implications of reducing capital income taxation in a general equilibrium economy with uninsurable investment risks. It has been shown that, with uninsurable investment risks, under-accumulation of capital may result compared to the...
Persistent link: https://www.econbiz.de/10003804296