Three Essays on Corporate Taxation
Author: Hovick Shahnazarian
Publisher:
Published: 1996
Total Pages: 112
ISBN-13: 9789187268304
DOWNLOAD EBOOKRead and Download eBook Full
Author: Hovick Shahnazarian
Publisher:
Published: 1996
Total Pages: 112
ISBN-13: 9789187268304
DOWNLOAD EBOOKAuthor: Fabian Rose
Publisher:
Published: 2022
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKAuthor: Carlos Espina
Publisher:
Published: 2010
Total Pages: 142
ISBN-13:
DOWNLOAD EBOOKAuthor: George Contos
Publisher:
Published: 2007
Total Pages: 262
ISBN-13:
DOWNLOAD EBOOKAuthor: Masanori Orihara
Publisher:
Published: 2015
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Harry Gunnison Brown
Publisher:
Published: 1925
Total Pages: 204
ISBN-13:
DOWNLOAD EBOOKIn three essays the author discusses whether taxation can be used as a tool for obtaining and perpetuation of economic democracy, and if so, what system of taxation is the best for the end in view.
Author: Pierre-Pascal Gendron
Publisher:
Published: 1997
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOKThree essays treat various issues in understanding and evaluating firm behaviour in response to taxation. Essay I analyzes capital taxation in a dominant firm model. Essay II analyzes corporate tax refunds in an oligopolistic supergame model. Essay III analyzes the impact of tax asymmetries on investment decisions in a neoclassical model. Essay I proposes a two-stage dominant firm model which allows for cost-reducing investment by the dominant firm prior to quantity competition. Market structure is endogenous, and accommodated and impeded entry equilibria with and without underinvestment are characterized. Tax effects are generally consistent with economic theory but special cases arise: for example, (i) small tax changes alter market structure through entry or exit; (ii) some tax changes have no impacts on market variables; and (iii) a subsidy to non-producing fringe is welfare-improving. The analysis emphasizes the importance of market discontinuities. Essay II proposes a particular collusive equilibrium in a repeated oligopoly model with homogeneous quantity-setting firms. The industry sustains tacit collusion by using credible and severe punishments of deviations. The paper focuses on the impact of changing the refundability of tax losses. The analysis of the most collusive equilibrium with losses indicates that a tax policy which increases refundability reduces industry output, increases market price, and therefore strengthens tacit collusion. In addition, the policy increases government revenue and reduces social welfare. Essay III develops theoretical expressions for the user cost of capital in the presence of tax asymmetries. An empirical model is developed to estimate the probability of a given tax status on the basis of firm characteristics. A structural switching regression model of the firm's demand for capital goods is developed next. This model uses estimated probabilities as inputs and is utilized to investigate the potential endogeneity of the cost of capital using a balanced panel of Canadian companies. Results suggest that tax status affects the firms' capital acquisition behaviour.
Author: Francisco Gil-Díaz
Publisher:
Published: 1982
Total Pages: 264
ISBN-13:
DOWNLOAD EBOOKAuthor: Kerry Ruth Pattenden
Publisher:
Published: 2000
Total Pages: 226
ISBN-13:
DOWNLOAD EBOOKAuthor: Xiaoying Wang
Publisher:
Published: 2022
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOK