觉》的洞察力：对未来税率和企业进入的预期

IF 5.7 1区经济学 Q1 ECONOMICS

Journal of Urban Economics Pub Date : 2024-04-16 DOI:10.1016/j.jue.2024.103666

Dominika Langenmayr , Martin Simmler

{"title":"觉》的洞察力：对未来税率和企业进入的预期","authors":"Dominika Langenmayr , Martin Simmler","doi":"10.1016/j.jue.2024.103666","DOIUrl":null,"url":null,"abstract":"<div><p>Firms should use all available information to anticipate future tax rates. Firm mobility is one source of such information. We first establish theoretically that expected future tax rates are higher in jurisdictions attractive for immobile firms (such as wind power plants or resource extracting firms). Fewer mobile firms enter in such a jurisdiction. Building on previous empirical evidence that German municipalities raise tax rates following the entry of immobile firms, we confirm that firms use this information to anticipate future tax rates. In the jurisdictions with the largest expected future tax rate increases, 10% fewer firms enter.</p></div>","PeriodicalId":48340,"journal":{"name":"Journal of Urban Economics","volume":null,"pages":null},"PeriodicalIF":5.7000,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://www.sciencedirect.com/science/article/pii/S0094119024000366/pdfft?md5=6b44a5a69cfbd305509fc411b6e43992&pid=1-s2.0-S0094119024000366-main.pdf","citationCount":"0","resultStr":"{\"title\":\"JUE insight: Expectations about future tax rates and firm entry\",\"authors\":\"Dominika Langenmayr , Martin Simmler\",\"doi\":\"10.1016/j.jue.2024.103666\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>Firms should use all available information to anticipate future tax rates. Firm mobility is one source of such information. We first establish theoretically that expected future tax rates are higher in jurisdictions attractive for immobile firms (such as wind power plants or resource extracting firms). Fewer mobile firms enter in such a jurisdiction. Building on previous empirical evidence that German municipalities raise tax rates following the entry of immobile firms, we confirm that firms use this information to anticipate future tax rates. In the jurisdictions with the largest expected future tax rate increases, 10% fewer firms enter.</p></div>\",\"PeriodicalId\":48340,\"journal\":{\"name\":\"Journal of Urban Economics\",\"volume\":null,\"pages\":null},\"PeriodicalIF\":5.7000,\"publicationDate\":\"2024-04-16\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://www.sciencedirect.com/science/article/pii/S0094119024000366/pdfft?md5=6b44a5a69cfbd305509fc411b6e43992&pid=1-s2.0-S0094119024000366-main.pdf\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Urban Economics\",\"FirstCategoryId\":\"96\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S0094119024000366\",\"RegionNum\":1,\"RegionCategory\":\"经济学\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"ECONOMICS\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Urban Economics","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0094119024000366","RegionNum":1,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}

引用次数: 0

摘要

企业应利用一切可获得的信息来预测未来的税率。企业的流动性就是此类信息的来源之一。我们首先从理论上确定，在对非流动性企业（如风力发电厂或资源开采企业）有吸引力的司法管辖区，预期未来税率较高。较少的流动性企业会进入这样的司法管辖区。根据之前的经验证据，德国市政当局会在流动性企业进入后提高税率，我们证实企业会利用这一信息来预测未来税率。在预期未来税率增幅最大的辖区，进入的企业减少了 10%。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

JUE insight: Expectations about future tax rates and firm entry

Firms should use all available information to anticipate future tax rates. Firm mobility is one source of such information. We first establish theoretically that expected future tax rates are higher in jurisdictions attractive for immobile firms (such as wind power plants or resource extracting firms). Fewer mobile firms enter in such a jurisdiction. Building on previous empirical evidence that German municipalities raise tax rates following the entry of immobile firms, we confirm that firms use this information to anticipate future tax rates. In the jurisdictions with the largest expected future tax rate increases, 10% fewer firms enter.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Journal of Urban Economics Multiple-

CiteScore

10.60

自引率

4.80%

发文量

期刊介绍： The Journal of Urban Economics provides a focal point for the publication of research papers in the rapidly expanding field of urban economics. It publishes papers of great scholarly merit on a wide range of topics and employing a wide range of approaches to urban economics. The Journal welcomes papers that are theoretical or empirical, positive or normative. Although the Journal is not intended to be multidisciplinary, papers by noneconomists are welcome if they are of interest to economists. Brief Notes are also published if they lie within the purview of the Journal and if they contain new information, comment on published work, or new theoretical suggestions.