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The effect of globalization on capital taxation: What have we learned after 20 years of empirical studies?

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  • Adam, Antonis
  • Kammas, Pantelis
  • Lagou, Athina

Abstract

Abstract: This paper applies meta- regression analysis to the empirical literature that examines the impact of international market integration on capital taxation. The main objective is to explore whether particular data, model specification and estimation procedures exert systematic impact on the reported findings. Our results provide empirical evidence that differences across studies can be attributed to differences in the measurement of globalization. Moreover, in contrast to the conventional wisdom, study characteristics related to the measurement of the tax burden on capital appear to have an insignificant effect on the above mentioned relationship. Finally the meta- analysis fails to confirm a negative effect of globalization on the taxation of capital.

Suggested Citation

  • Adam, Antonis & Kammas, Pantelis & Lagou, Athina, 2011. "The effect of globalization on capital taxation: What have we learned after 20 years of empirical studies?," MPRA Paper 33382, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:33382
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    Cited by:

    1. Adam, Antonis & Kammas, Pantelis & Lapatinas, Athanasios, 2015. "Income inequality and the tax structure: Evidence from developed and developing countries," Journal of Comparative Economics, Elsevier, vol. 43(1), pages 138-154.
    2. Joan Costa-Font & Filipe De-Albuquerque & Hristos Doucouliagos, 2014. "Do jurisdictions compete on taxes? A meta-regression analysis," Public Choice, Springer, vol. 161(3), pages 451-470, December.
    3. Heckemeyer, Jost H. & Overesch, Michael, 2013. "Multinationals' profit response to tax differentials: Effect size and shifting channels," ZEW Discussion Papers 13-045, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    4. Chletsos, Michael & Giotis, Georgios P., 2015. "The employment effect of minimum wage using 77 international studies since 1992: A meta-analysis," MPRA Paper 61321, University Library of Munich, Germany.
    5. Benos, Nikos & Zotou, Stefania, 2014. "Education and Economic Growth: A Meta-Regression Analysis," World Development, Elsevier, vol. 64(C), pages 669-689.
    6. repec:taf:uitjxx:v:30:y:2016:i:4:p:263-294 is not listed on IDEAS
    7. Stephan B. Bruns, 2016. "The Fragility of Meta-Regression Models in Observational Research," MAGKS Papers on Economics 201603, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    8. repec:bla:obuest:v:79:y:2017:i:5:p:637-653 is not listed on IDEAS
    9. Jamal Bouoiyour & Refk Selmi, 2016. "A Synthesis of the Effects of Exchange Rate Volatility on International Trade: A Meta-Regression Analysis," The International Trade Journal, Taylor & Francis Journals, vol. 30(4), pages 263-294, August.
    10. repec:wly:econjl:v::y:2017:i:605:p:f236-f265 is not listed on IDEAS
    11. Giotis, Georgios & Chletsos, Michael, 2015. "Is there publication selection bias in minimum wage research during the five-year period from 2010 to 2014?," Economics Discussion Papers 2015-58, Kiel Institute for the World Economy (IfW).
    12. Víctor Mauricio Castañeda Rodríguez, 2016. "La globalización y sus relaciones con la tributación, una constatación para América Latina y la OCDE," REVISTA CUADERNOS DE ECONOMÍA, UN - RCE - CID, vol. 35(68), pages 379-406, January.

    More about this item

    Keywords

    capital mobility; tax competition; Meta analysis;

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • F2 - International Economics - - International Factor Movements and International Business
    • H2 - Public Economics - - Taxation, Subsidies, and Revenue

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