Corporate taxes and multi-product exporters: Theory and evidence from trade dynamics

• 成果类型: Article
• 署名作者: Flach, Lisandra; Irlacher, Michael; Unger, Florian
• 署名单位: University of Munich; Leibniz Association; Ifo Institut; Centre for Economic Policy Research - UK; Johannes Kepler University Linz; Leibniz Association; Ifo Institut; University of Gottingen; Johannes Kepler University Linz; University of Gottingen
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2021.103515
• 发表日期: 2021
• 关键词: Multi-product firms; corporate taxation; Exporter dynamics; international trade

摘要

This paper analyzes how exporters are affected by corporate tax reforms in destination markets. We introduce tax policy in a trade model of multi-product firms and show that producers face tougher competition in export markets with lower corporate tax rates. This competitive effect induces firms to reduce the number of exported products and to skew their export sales towards the better performing varieties. We estimate the effects of corporate taxes on trade dynamics by exploiting policy reforms in 42 destination countries of exports during the period 2005-2012. Our results provide strong support for competitive effects of corporate taxation. (c) 2021 Elsevier B.V. All rights reserved.