The role of corporate taxes in the decline of the startup rate.
The US has experienced a joint decline in corporate tax rates and startup rates in recent decades. We study how changes in corporate taxes affect startup rates in a firm dynamics model with occupational choice. A change in profit taxes has ambiguous effects on firm selection, and therefore on the st...
| Publicado en: | Economic Inquiry Vol. 60; no. 3; pp. 1277 - 1296 |
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| Autores principales: | , |
| Formato: | Artículo |
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Wiley-Blackwell
Jul2022
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| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=156996263&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 156996263 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jul2022 vid: 60 iid: 3 pid: 480 pub: Wiley-Blackwell artinfo: ui: 156996263 10.1111/ecin.13066 ppf: 1277 ppct: 19 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 691KB tig: atl: The role of corporate taxes in the decline of the startup rate. aug: au: Neira, Julian Singhania, Rish affil: Department of Economics, University of Exeter Business School, Exeter, UK su: Vocational guidance Corporate taxes Tax rates New business enterprises Tax incidence sug: subj: Vocational guidance Vocational Rehabilitation Services Corporate taxes Tax rates New business enterprises Tax incidence keyword: declining business dynamism entrepreneurship incidence of corporate taxation declining business dynamism entrepreneurship incidence of corporate taxation ab: The US has experienced a joint decline in corporate tax rates and startup rates in recent decades. We study how changes in corporate taxes affect startup rates in a firm dynamics model with occupational choice. A change in profit taxes has ambiguous effects on firm selection, and therefore on the startup rate. Quantitatively, the observed fall in US corporate tax rates generates, at most, one‐fifth of the startup rate decline. Sensitivity analysis suggests that this number is best interpreted as an upper bound, indicating that corporate taxes did not play a major role in the startup rate decline. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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