Fiche du document
2015
- handle: 10670/1.krcyuh
- halshs: halshs-01242190
info:eu-repo/semantics/OpenAccess
Mots-clés
Tax Incidence Fiscal Compensation Corporate taxation Wage bargaining Capital mobility H - Public Economics/H.H2 - Taxation, Subsidies, and Revenue/H.H2.H22 - Incidence H - Public Economics/H.H2 - Taxation, Subsidies, and Revenue/H.H2.H25 - Business Taxes and Subsidies J - Labor and Demographic Economics/J.J2 - Demand and Supply of Labor/J.J2.J21 - Labor Force and Employment, Size, and Structure J - Labor and Demographic Economics/J.J3 - Wages, Compensation, and Labor Costs/J.J3.J31 - Wage Level and Structure • Wage Differentials H - Public Economics/H.H3 - Fiscal Policies and Behavior of Economic Agents/H.H3.H32 - FirmSujets proches
Earnings Wage rates Wage-fund Departmental salaries Remuneration Pay Salaries Compensation Working class--WagesCiter ce document
Nelly Exbrayat et al., « Economic Integration, Corporate Tax Incidence and Fiscal Compensation », HAL-SHS : économie et finance, ID : 10670/1.krcyuh
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Résumé
Higher corporate taxes are often argued to depress wages (a tax incidence effect), while higher wages may require compensation via lower corporate tax rates (a fiscal compensation effect). Yet, existing empirical evidence ignores that i) both effects are likely to occur simultaneously (necessitating a joint estimation approach), and ii) capital mobility might play a critical moderating role for the strength of both effects. Using a panel dataset comprising 24 OECD countries over the period 1982-2007, we address both these deficiencies. This clearly illustrates the simultaneous existence of tax incidence and fiscal compensation effects. Moreover, capital mobility (and the ensuing relative bargaining power of economic agents) has a significant influence on both the prevalence and strength of these effects.