ASSESSING THE EFFECTS OF LOCAL TAXATION USING MICROGEOGRAPHIC DATA

• 成果类型: Article
• 署名作者: Duranton, Gilles; Gobillon, Laurent; Overman, Henry G.
• 署名单位: University of London; London School Economics & Political Science; University of Toronto
• 刊物名称: ECONOMIC JOURNAL
• ISSN/ISSBN: 0013-0133
• DOI: 10.1111/j.1468-0297.2011.02439.x
• 发表日期: 2011
• 页码: 1017-1046
• 关键词: location; INVESTMENT

摘要

We study the impact of local taxation on the location and growth of firms. Our empirical methodology pairs establishments across jurisdictional boundaries to estimate the impact of taxation. Our approach improves on existing work as it corrects for unobserved establishment heterogeneity, for unobserved time-varying site-specific effects and for the endogeneity of local taxation. Applied to data for English manufacturing establishments, we find that local taxation has a negative impact on employment growth but no effect on entry.