EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/19142
  
Title:Globalisation and the mix of wage and profit taxes PDF Logo
Authors:Haufler, Andreas
Klemm, Alexander
Schjelderup, Guttorm
Issue Date:2006
Series/Report no.:CESifo working papers 1678
Abstract:This paper analyses the development of the ratio of corporate taxes to wage taxes using a simple political economy model with internationally mobile and immobile firms. Among other results, our model predicts that countries reduce their corporate tax rate, relative to the wage tax, either when preferences for public goods increase or when a rising share of capital is employed in multinational firms. The predicted relationships are tested using panel data for 23 OECD countries for the period 1980 through 2001. The results of the empirical analysis support our central hypotheses.
Subjects:capital and labour taxes
economic integration
multinational firms
JEL:H73
H20
F23
F15
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
cesifo1_wp1678.pdf346.47 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/19142

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.