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Using a firm-level panel data set I assess whether dynamic models of investment provide an empirically fruitful …) complementing the usual estimation of a distributed lag model. A correction term accounts for non-random sample attrition, which has … not been considered in previous studies on investment even though most (if not all) panel data sets on firms are …
Persistent link: https://www.econbiz.de/10013134247
taxation on capital share parameters. The estimation technique allows to deal with unobserved heterogeneity and to perform a …
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This paper examines the direct effects of corporate tax on firm productivity along with the interaction effects of tax policy and R&D activity on productivity at firm level for over 13,062 firms during 2004-2011. Our main findings are first, that there is evidence for productivity convergence...
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-sized enterprises (SMEs). This study compares incentive effects of such reforms on the SMEs' investment decisions adopting a simple …
Persistent link: https://www.econbiz.de/10013318428
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