scholarly journals Tax Policy and Abnormal Investment Behavior

2020 ◽  
Author(s):  
Qiping Xu ◽  
Eric Zwick
Keyword(s):  
Tax Policy ◽  
Investment Behavior

scholarly journals Tax Policy and Heterogeneous Investment Behavior

2017 ◽  
Vol 107 (1) ◽  
pp. 217-248 ◽  
Author(s):  
Eric Zwick ◽  
James Mahon
Keyword(s):  
Tax Policy ◽  
Small Firms ◽  
Financial Frictions ◽  
Tax Incentives ◽  
Cash Flows ◽  
Investment Behavior ◽  
Fixed Costs ◽  
Weighted Estimates ◽  
Equipment Investment ◽  
Accelerated Depreciation

We estimate the effect of temporary tax incentives on equipment investment using shifts in accelerated depreciation. Analyzing data for over 120,000 firms, we present three findings. First, bonus depreciation raised investment in eligible capital relative to ineligible capital by 10.4 percent between 2001 and 2004 and 16.9 percent between 2008 and 2010. Second, small firms respond 95 percent more than big firms. Third, firms respond strongly when the policy generates immediate cash flows, but not when cash flows only come in the future. This heterogeneity materially affects investment-weighted estimates and supports models in which financial frictions or fixed costs amplify investment responses. (JEL D21, D22, D92, G31, H25, H32)

Investment Behavior and Tax Policy

1998 ◽  
Vol 13 (3) ◽  
pp. 185-196 ◽  
Author(s):  
CARSTEN LYNGE JENSEN
Keyword(s):  
Tax Policy ◽  
Investment Behavior

scholarly journals Tax Policy and Lumpy Investment Behavior: Evidence from China's VAT Reform

2019 ◽  
Author(s):  
Zhao Chen ◽  
Xian Jiang ◽  
Zhikuo Liu ◽  
Juan Carlos Suárez Serrato ◽  
Daniel Xu
Keyword(s):  
Tax Policy ◽  
Investment Behavior ◽  
Lumpy Investment ◽  
Vat Reform

Economic Effects of 2004-2009 Tax Reforms: Retrospective Analysis

2012 ◽  
pp. 108-123
Author(s):  
E. Penukhina ◽  
D. Belousov ◽  
K. Mikhailenko
Keyword(s):  
Retrospective Analysis ◽  
Tax Policy ◽  
Economic Effects ◽  
Tax Policies ◽  
Policy Changes ◽  
Tax Reforms ◽  
Russian Economy ◽  
Balanced Budget ◽  
Budget System

The article determines, describes and analyzes phases of tax reforms in Russia. We estimate macroeconomic and fiscal effects of various tax policies held during the second and third phases of tax reforms. The necessity of providing a balanced budget system, as well as complex assessment of effects of tax policy changes for the development of the Russian economy is noted.

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