作者：Harrison, Teresa D.; Seim, Katja
作者单位：Drexel University; University of Pennsylvania
摘要：We investigate the importance of nonprofit tax exemptions to the structure of local fitness markets and to the nonprofit's decision to complement fitness offerings with youth programming. We estimate an equilibrium model of market structure of nonprofit and for-fitness centres. Our results suggest that the two ownership types serve different customer bases. We predict that a revocation of tax exemptions would lower nonprofit entry by 26%, leaving for-profit entry unaffected. This decline in no...
作者：Gersbach, Hans; Schetter, Ulrich; Schneider, Maik T.
作者单位：Swiss Federal Institutes of Technology Domain; ETH Zurich; University of St Gallen; University of Bath
摘要：We explore optimal and politically feasible growth policies consisting of basic research investments and taxation. We show that the impact of basic research on the general economy rationalises a taxation pecking order with high labour taxes and low profit taxes. This scheme induces a significant proportion of agents to become entrepreneurs, thereby rationalising substantial investments in basic research fostering their innovation prospects. These entrepreneurial economies, however, may make a ...
