Tax Elasticity Estimates for Capital Stocks - 10.1628/fa-2020-0007 - Mohr Siebeck
Wirtschaftswissenschaft

Jean-François Wen, Fatih Yılmaz

Tax Elasticity Estimates for Capital Stocks

Rubrik: Articles
FinanzArchiv (FA)

Jahrgang 76 () / Heft 3, S. 215-239 (25)
Publiziert 18.05.2020

25,00 € inkl. gesetzl. MwSt.
Artikel PDF
We use panel cointegration techniques to estimate the long-run, tax-adjusted, user cost elasticity of capital (UCE) in a small open economy. The estimates exploit three sources of variation in Canadian tax policy: across provinces, industries, and years. The UCE is estimated to be between -1.1 and -1.3 for machinery and equipment. We also provide semielasticities of capital with respect to marginal effective tax rates (METR). Our construction of the user costs makes use of a detailed data set on federal and provincial tax policy variables.
Personen

Jean-François Wen Keine aktuellen Daten verfügbar.

Fatih Yılmaz Keine aktuellen Daten verfügbar.