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Comin, Diego; Rode, Johannes - National Bureau of Economic Research - 2023

We estimate the causal effect of the diffusion of solar photovoltaic (PV) systems on the fraction of Green Party votes in federal and state elections in Baden-Württemberg, Germany. Our estimates are based on instruments that induce exogenous variation in roof appropriateness to PV installation....

Persistent link: https://www.econbiz.de/10014322712

Heterogeneous tax sensitivity of firm-level investments

Egger, Peter; Erhardt, Katharina; Keuschnigg, Christian - 2014

investment of small entrepreneurial and larger managerial firms in different financial regimes that are largely in line with …

Persistent link: https://www.econbiz.de/10010412040

Effects of Corporate Tax Rate Cuts on Firm Investment and Valuation : A Micro Simulation Approach

Kubota, Keiichi - 2012

on deferred tax allowances and deferred tax assets. The effects on both investment to fixed/current assets are well taken … care of with embedded production functions and firm investment decisions change over time through the accumulated process …

Persistent link: https://www.econbiz.de/10013114320

The investment behaviour of dairy farms in transition economies

Fertő, Imre; Bojnec, Štefan; Fogarasi, József; … - In: Baltic journal of economics 21 (2021) 1, pp. 60-84

This article investigates dairy farm investment behaviour and the presence of soft budget constraints in the dairy … accountancy panel data for the years 2007–2015. The empirical results confirm that gross dairy farm investment is positively … associated with gross dairy farm investment for the previous year for financially unconstrained dairy farms, and negatively for …

Persistent link: https://www.econbiz.de/10012582210

The welfare costs of misaligned incentives : energy inefficciency and the principal-agent problem

Blonz, Joshua A. - 2019

In many settings, misaligned incentives and inadequate monitoring lead employees to take self-interested actions contrary to their employer's wishes, giving rise to the classic principal-agent problem. In this paper, I identify and quantify the costs of misaligned incentives in the context of an...

Persistent link: https://www.econbiz.de/10012182393

What Drives Bitcoin Adoption by Retailers

Jonker, Nicole - 2018

Decentralised issued crypto “currencies”, like bitcoin, have the potential to drastically change the existing retail payment system and even the monetary system. Insights into the factors that influence their adoption are therefore crucial. Using a large representative sample of retailers...

Persistent link: https://www.econbiz.de/10012925880

Subsidized labour and firms: Investment, profitability, and leverage

Marcelin, Isaac; Brink, Daniel; Fadiran, David Oluwatosin; … - 2019

fiscal policies, the results suggest that well-designed youth wage subsidy policy schemes have the potential to enhance the …

Persistent link: https://www.econbiz.de/10012146539

The economic effects of trade policy uncertainty

Caldara, Dario; Iacoviello, Matteo; Molligo, Patrick; … - 2019

that increases in TPU reduce investment and activity using both firm-level and aggregate macroeconomic data. We interpret … reduce investment and activity …

Persistent link: https://www.econbiz.de/10012065127

Tax Losses and Firm Investment: Evidence from Tax Statistics

Walch, Florian; Dwenger, Nadja - 2011

for tax losses reduces the estimated user cost elasticity of investment. Small and medium sized enterprises seem to be …

Persistent link: https://www.econbiz.de/10010305934

Does an R&D Tax Credit Affect R&D Expenditure? The Japanese R&D Tax Credit Reform in 2003

Kasahara, Hiroyuki; Shimotsu, Katsumi; Suzuki, Michio - 2013

To what extent does a tax credit affect firms' R&D activity? What are the mechanisms? This paper examines the effect of R&D tax credits on firms' R&D expenditure by exploiting the variation across firms in the changes in the eligible tax credit rate between 2000 and 2003. Estimating the...

Persistent link: https://www.econbiz.de/10010328712