Corporate taxation and productivity catch-up: evidence from European firms
(2016)
Journal Article
Gemmell, N., Kneller, R., McGowan, D., Sanz, I., & Sanz-Sanz, J. F. (in press). Corporate taxation and productivity catch-up: evidence from European firms. Scandinavian Journal of Economics, https://doi.org/10.1111/sjoe.12212
This paper explores whether higher corporate tax rates reduce the speed with which small firms converge to the productivity frontier by lowering the after-tax returns to productivity-enhancing investments. Using data for 11 European countries we find... Read More about Corporate taxation and productivity catch-up: evidence from European firms.