University of St.Gallen
research platform alexandria
search publications
browse publications
après Personnes
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
après Année

Capital Income Taxation, New Firm Creation, and the Size Distribution of Firms

fulltext etc. no fulltext attached
version abrégée This paper empirically explores the impact of corporate and personal taxes on the size distribution of business firms. Based on a stylized model of new firm creation and diversity of an economy, we hypothesize that much of the tax burden of corporate and dividend taxation falls on the creation of new firms and depresses entrepreneurship. Mature firms on the the other hand are unaffected by the dividend tax and increase in size by the reduced diversity of the economy. Using data on the size distribution of firms, we find strong empirical support for the impact of taxes on average firm size. Taxes significantly depress the number of small sized firms while bigger firms seem almost unaffected.
   
Genre papier de travail (English)
   
mot-clé capital income taxation, new firm creation, firm size distribution.
   
Projet Kapitaleinkommensbesteuerung, heterogene Firmenstruktur und Kapitalakkumulation
date de sortie de la publication 2005
Review pas de Review
   
citation Dietz, M. (2005). Capital Income Taxation, New Firm Creation, and the Size Distribution of Firms.