Optimal corporation tax : an I.O. approach
|Title:||Optimal corporation tax : an I.O. approach||Authors:||Colombo, Luca
Walsh, Patrick P.
|Permanent link:||http://hdl.handle.net/10197/973||Date:||Oct-2005||Abstract:||Our IO approach links optimal effective corporation tax rates to the nature of sunk costs within industries. Theory predicts that optimal effective corporation tax rates will be negatively related to industry specific sunk cost, and hence industry concentration. Governments should tax industries with monopolistic power softly. Evidence suggests that this Schumpeterian (1942) principle of corporate taxation was used widely across industries in France, Italy and the UK in the 1990s.||Type of material:||Working Paper||Publisher:||Trinity College Dublin. Institute for International Integration Studies (IIIS)||Series/Report no.:||IIIS Discussion Papers; No. 97||Copyright (published version):||Institute for International Integration Studies, 2005||Keywords:||Effective corporation tax rate; Industry sunk costs; Industry concentration||Subject LCSH:||Corporations--Taxation
|Other versions:||http://www.tcd.ie/iiis/documents/discussion/pdfs/iiisdp97.pdf||Language:||en||Status of Item:||Not peer reviewed|
|Appears in Collections:||Politics and International Relations Research Collection|
Geary Institute Research Collection
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