Arbeitspapier
Corporate marginal tax rate, tax loss carryforwards and investment functions: empirical analysis using a large German panel data set
This study is the first empirical analysis to investigate the relationship between the investment behaviour of firms resident in Germany and the empirically determined marginal tax rates developed by John R. Graham. It is based on the Bundesbank's corporate balance sheet statistics for the period 1971-2002. In an autoregressive distributed lag model, the marginal tax rate is shown to be significant, with an elasticity of between 0.1 and 0.2. An error correction model does not produce any plausible results for the marginal tax rate. Graham's marginal tax rates are a complement to the methods typically used to determine the effective marginal tax rates and effective average tax rates.
- Sprache
-
Englisch
- Erschienen in
-
Series: Discussion Paper Series 1 ; No. 2007,21
- Klassifikation
-
Wirtschaft
Firm Behavior: Theory
Business Taxes and Subsidies including sales and value-added (VAT)
- Thema
-
Corporate marginal tax rate
tax loss carryforward
investment behaviour
Investition
Investitionsfunktion
Unternehmensbesteuerung
Grenzsteuersatz
Steuerbegünstigung
Schätzung
Deutschland
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ramb, Fred
- Ereignis
-
Veröffentlichung
- (wer)
-
Deutsche Bundesbank
- (wo)
-
Frankfurt a. M.
- (wann)
-
2007
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ramb, Fred
- Deutsche Bundesbank
Entstanden
- 2007
Ähnliche Objekte (12)
Tax incentives and the location of FDI: evidence from a panel of German multinationals
Who benefits from using property taxes to finance a labor tax wedge reduction?
Structural and cyclical effects of tax progression
Estimating dynamic tax revenue elasticities for Germany
Mental accounting and the marginal propensity to consume
Mental accounting and the marginal propensity to consume
Forecasting with panel data
Labor tax reductions in Europe: The role of property taxation
Banks' equity stakes and lending: Evidence from a tax reform
Re-allocating taxing rights and minimum tax rates in international profit taxation
Re-allocating taxing rights and minimum tax rates in international profit taxation
The use of tax havens in exemption regimes
Tax incentives and the location of FDI: evidence from a panel of German multinationals
Who benefits from using property taxes to finance a labor tax wedge reduction?
Structural and cyclical effects of tax progression
Estimating dynamic tax revenue elasticities for Germany
Mental accounting and the marginal propensity to consume
Mental accounting and the marginal propensity to consume
Forecasting with panel data
Labor tax reductions in Europe: The role of property taxation
Banks' equity stakes and lending: Evidence from a tax reform
Re-allocating taxing rights and minimum tax rates in international profit taxation
Re-allocating taxing rights and minimum tax rates in international profit taxation
The use of tax havens in exemption regimes
Tax incentives and the location of FDI: evidence from a panel of German multinationals
Who benefits from using property taxes to finance a labor tax wedge reduction?
Structural and cyclical effects of tax progression
Estimating dynamic tax revenue elasticities for Germany
Mental accounting and the marginal propensity to consume
Mental accounting and the marginal propensity to consume
Forecasting with panel data
Labor tax reductions in Europe: The role of property taxation
Banks' equity stakes and lending: Evidence from a tax reform
Re-allocating taxing rights and minimum tax rates in international profit taxation
Re-allocating taxing rights and minimum tax rates in international profit taxation