Corporate Tax Incidence: Review Of General Equilibrium Estimates And Analysis
This 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.
Volume (Year): 66 (2013)
Issue (Month): 1 (March)
|Contact details of provider:|| Postal: 725 15th St. NW #600. Washington, D.C. 20005-2109|
Fax: (202) 737-7308
Web page: http://www.ntanet.org/
More information through EDIRC
References listed on IDEAS
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.:
- 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.
- 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.
- 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.
- Baron, David P. & Forsythe, Robert., . "Uncertainty and the Theory of Tax Incidence in a Stock Market Economy," Working Papers 259, California Institute of Technology, Division of the Humanities and Social Sciences.
- Jane G. Gravelle & Laurence J. Kotlikoff, 1987.
"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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Iris Claus & Norman Gemmell & Michelle Harding & David White (ed.), 2010. "Tax Reform in Open Economies," Books, Edward Elgar, number 13704.
- 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.
When requesting a correction, please mention this item's handle: RePEc:ntj:journl:v:66:y:2013:i:1:p:185-214. See general information about how to correct material in RePEc.
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.