Corporate Tax Incidence: Review Of General Equilibrium Estimates And Analysis
AbstractThis paper identifies the major drivers of corporate tax incidence in open-economy general equilibrium models and compares estimates from four major studies. These studies vary in their elasticity assumptions, and adjusting the estimates to reflect central empirical estimates of those elasticities suggests capital bears the majority of the corporate income tax burden. This paper further presents an alternative method for determining corporate tax incidence that distinguishes between global effects of corporate taxes and excise effects that vary among nations. Under this approach, even in an open economy, capital could bear virtually the entire tax burden.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by National Tax Association in its journal National Tax Journal.
Volume (Year): 66 (2013)
Issue (Month): 1 (March Citation: 66 National Tax Journal 185-214 (March 2013))
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Baron, David P. & Forsythe, Robert., .
"Uncertainty and the Theory of Tax Incidence in a Stock Market Economy,"
259, California Institute of Technology, Division of the Humanities and Social Sciences.
- Baron, David P & Forsythe, Robert, 1981. "Uncertainty and the Theory of Tax Incidence in a Stock Market Economy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 22(3), pages 567-76, October.
- Parai, Amar K, 1988. "The Incidence of Corporate Income Tax under Variable Returns to Scale," Public Finance = Finances publiques, , vol. 43(3), pages 414-24.
- Gravelle, Jane G & Kotlikoff, Laurence J, 1989.
"The Incidence and Efficiency Costs of Corporate Taxation When Corporate and Noncorporate Firms Produce the Same Good,"
Journal of Political Economy,
University of Chicago Press, vol. 97(4), pages 749-80, August.
- Jane G. Gravelle & Laurence J. Kotlikoff, 1989. "The Incidence and Efficiency Costs of Corporate Taxation when Corporate and Noncorporate Firms Produce the Same Good," NBER Working Papers 2462, National Bureau of Economic Research, Inc.
- Batra, Raveendra N., 1975. "A general equilibrium model of the incidence of corporation income tax under uncertainty," Journal of Public Economics, Elsevier, vol. 4(4), pages 343-360, November.
- Zodrow, George R. & Mieszkowski, Peter M., 1986.
"The new view of the property tax A reformulation,"
Regional Science and Urban Economics,
Elsevier, vol. 16(3), pages 309-327, August.
- Mutti, John & Grubert, Harry, 1985. "The taxation of capital income in an open economy: the importance of resident-nonresident tax treatment," Journal of Public Economics, Elsevier, vol. 27(3), pages 291-309, August.
- Chirinko, Robert S. & Fazzari, Steven M. & Meyer, Andrew P., 1999. "How responsive is business capital formation to its user cost?: An exploration with micro data," Journal of Public Economics, Elsevier, vol. 74(1), pages 53-80, October.
- Daniel S. Hamermesh & James Grant, 1979. "Econometric Studies of Labor-Labor Substitution and Their Implications for Policy," Journal of Human Resources, University of Wisconsin Press, vol. 14(4), pages 543-562.
- Bhatia, Kul B., 1981. "Intermediate goods and the incidence of the corporation income tax," Journal of Public Economics, Elsevier, vol. 16(1), pages 93-112, August.
- Liu, Li & Altshuler, Rosanne, 2013.
"Measuring The Burden Of The Corporate Income Tax Under Imperfect Competition,"
National Tax Journal,
National Tax Association, vol. 66(1), pages 215-37, March Cit.
- Li Liu & Rosanne Altshuler, 2011. "Measuring the burden of the corporate income tax under imperfect competition," Working Papers 1105, Oxford University Centre for Business Taxation.
- Clausing, Kimberly A., 2013. "Who Pays The Corporate Tax In A Global Economy?," National Tax Journal, National Tax Association, vol. 66(1), pages 151-84, March Cit.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Charmaine Wright).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.