The interaction of a size-dependent tax policy and financial frictions: evidence from a tax reform in Japan
Author
Abstract
Suggested Citation
DOI: 10.1007/s11187-023-00844-5
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Luis Garicano & Claire Lelarge & John Van Reenen, 2016.
"Firm Size Distortions and the Productivity Distribution: Evidence from France,"
American Economic Review, American Economic Association, vol. 106(11), pages 3439-3479, November.
- Luis Garicano & Claire Lelarge & John Van Reenen, 2012. "Firm Size Distortions and the Productivity Distribution: Evidence from France," CEP Discussion Papers dp1128, Centre for Economic Performance, LSE.
- Garicano, Luis & Lelarge, Claire & Van Reenen, John, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," IZA Discussion Papers 7241, Institute of Labor Economics (IZA).
- Van Reenen, John & Garicano, Luis & Lelarge, Claire, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," CEPR Discussion Papers 9495, C.E.P.R. Discussion Papers.
- Luis Garicano & Claire LeLarge & John Van Reenen, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," NBER Working Papers 18841, National Bureau of Economic Research, Inc.
- Garicano, Luis & Lelargez, Claire & Van Reenen, John, 2016. "Firm size distortions and the productivity distribution: evidence from France," LSE Research Online Documents on Economics 66765, London School of Economics and Political Science, LSE Library.
- Luis Garicano & Claire Lelarge & John van Reenen, 2016. "Firm Size Distortions and the Productivity Distribution: Evidence from France," Post-Print hal-04196821, HAL.
- Garicano, Luis & Lelarge, Claire & Van Reenen, John, 2016. "Firm size distortions and the productivity distribution:evidence from France," LSE Research Online Documents on Economics 67684, London School of Economics and Political Science, LSE Library.
- Francisco J. Buera & Yongseok Shin, 2013.
"Financial Frictions and the Persistence of History: A Quantitative Exploration,"
Journal of Political Economy, University of Chicago Press, vol. 121(2), pages 221-272.
- Yongseok Shin & Francisco Buera, 2007. "Financial Frictions and the Persistence of History: A Quantitative Exploration," 2007 Meeting Papers 300, Society for Economic Dynamics.
- Francisco J. Buera & Yongseok Shin, 2010. "Financial Frictions and the Persistence of History: A Quantitative Exploration," NBER Working Papers 16400, National Bureau of Economic Research, Inc.
- Li Liu & Ben Lockwood & Miguel Almunia & Eddy H. F. Tam, 2021.
"VAT Notches, Voluntary Registration, and Bunching: Theory and U.K. Evidence,"
The Review of Economics and Statistics, MIT Press, vol. 103(1), pages 151-164, March.
- Almunia, Miguel & Liu, Li & Lockwood, Ben & Tam, Eddy H.F., 2019. "VAT Notches, Voluntary Registration, and Bunching: Theory and UK Evidence," CEPR Discussion Papers 13983, C.E.P.R. Discussion Papers.
- Ms. Li Liu & Mr. Ben Lockwood & Miguel Almunia & Eddy H.F. Tam, 2019. "VAT Notches, Voluntary Registration, and Bunching: Theory and UK Evidence," IMF Working Papers 2019/205, International Monetary Fund.
- Nezih Guner & Gustavo Ventura & Xu Yi, 2008.
"Macroeconomic Implications of Size-Dependent Policies,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 11(4), pages 721-744, October.
- Xu Yi & Nezih Guner & Gustavo Ventura, 2005. "Macroeconomic Implications of Size Dependent Policies," 2005 Meeting Papers 530, Society for Economic Dynamics.
- Guner, Nezih & Ventura, Gustavo & Xu, Daniel Yi, 2007. "Macroeconomic Implications of Size-Dependent Policies," CEPR Discussion Papers 6138, C.E.P.R. Discussion Papers.
- Hebous, Shafik & Ruf, Martin, 2017.
"Evaluating the effects of ACE systems on multinational debt financing and investment,"
Journal of Public Economics, Elsevier, vol. 156(C), pages 131-149.
- Shafik Hebous & Martin Ruf, 2015. "Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment," CESifo Working Paper Series 5360, CESifo.
- Hebous, Shafik & Ruf, Martin, 2018. "Evaluating the Effects of ACE Systems on Multinational Debt Financing and Investment," Working Paper Series 20305, Victoria University of Wellington, Chair in Public Finance.
- Ravi Kanbur & Michael Keen, 2014.
"Thresholds, informality, and partitions of compliance,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(4), pages 536-559, August.
- Kanbur, Ravi & Keen, Michael, 2014. "Threshold, Informality, and Partitions of Compliance," Working Papers 180136, Cornell University, Department of Applied Economics and Management.
- Keen, Michael & Mintz, Jack, 2004. "The optimal threshold for a value-added tax," Journal of Public Economics, Elsevier, vol. 88(3-4), pages 559-576, March.
- Onji, Kazuki, 2009.
"The response of firms to eligibility thresholds: Evidence from the Japanese value-added tax,"
Journal of Public Economics, Elsevier, vol. 93(5-6), pages 766-775, June.
- Kazuki Onji, 2008. "The Response of Firms to Eligibility Thresholds : Evidence from the Japanese Value-Added Tax," Finance Working Papers 21965, East Asian Bureau of Economic Research.
- Kazuki Onji, 2008. "The Response of Firms to Eligibility Thresholds: Evidence from the Japanese Value-Added Tax," Asia Pacific Economic Papers 370, Australia-Japan Research Centre, Crawford School of Public Policy, The Australian National University.
- Schivardi, Fabiano & Torrini, Roberto, 2008.
"Identifying the effects of firing restrictions through size-contingent differences in regulation,"
Labour Economics, Elsevier, vol. 15(3), pages 482-511, June.
- Schivardi, Fabiano & Torrini, Roberto, 2005. "Identifying the Effects of Firing Restrictions Through Size-Contingent Differences in Regulation," CEPR Discussion Papers 5303, C.E.P.R. Discussion Papers.
- Giorgia Maffini & Jing Xing & Michael P. Devereux, 2019.
"The Impact of Investment Incentives: Evidence from UK Corporation Tax Returns,"
American Economic Journal: Economic Policy, American Economic Association, vol. 11(3), pages 361-389, August.
- Giorgia Maffini & Jing Xing & Michael P Devereux, 2016. "The impact of investment incentives: evidence from UK corporation tax returns," Working Papers 1601, Oxford University Centre for Business Taxation.
- Bernanke, Ben & Gertler, Mark, 1989.
"Agency Costs, Net Worth, and Business Fluctuations,"
American Economic Review, American Economic Association, vol. 79(1), pages 14-31, March.
- Bernanke, Ben & Gertler, Mark, 1988. "Agency Costs, Net Worth, And Business Fluctuations," SSRI Workshop Series 292693, University of Wisconsin-Madison, Social Systems Research Institute.
- Miguel Almunia & David Lopez-Rodriguez, 2018.
"Under the Radar: The Effects of Monitoring Firms on Tax Compliance,"
American Economic Journal: Economic Policy, American Economic Association, vol. 10(1), pages 1-38, February.
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," CAGE Online Working Paper Series 245, Competitive Advantage in the Global Economy (CAGE).
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," The Warwick Economics Research Paper Series (TWERPS) 1070, University of Warwick, Department of Economics.
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," Economic Research Papers 270213, University of Warwick - Department of Economics.
- Joan Farre-Mensa & Alexander Ljungqvist, 2016.
"Do Measures of Financial Constraints Measure Financial Constraints?,"
The Review of Financial Studies, Society for Financial Studies, vol. 29(2), pages 271-308.
- Joan Farre-Mensa & Alexander Ljungqvist, 2013. "Do Measures of Financial Constraints Measure Financial Constraints?," NBER Working Papers 19551, National Bureau of Economic Research, Inc.
- Ljungqvist, Alexander & Farre-Mensa, Joan, 2015. "Do Measures of Financial Constraints Measure Financial Constraints?," CEPR Discussion Papers 10326, C.E.P.R. Discussion Papers.
- Michael P. Devereux & Li Liu & Simon Loretz, 2014.
"The Elasticity of Corporate Taxable Income: New Evidence from UK Tax Records,"
American Economic Journal: Economic Policy, American Economic Association, vol. 6(2), pages 19-53, May.
- Michael Devereux & Li Liu & Simon Loretz, 2012. "The Elasticity of Corporate Taxable Income: New Evidence from UK Tax Records," NBER Chapters, in: Business Taxation (Trans-Atlantic Public Economics Seminar), National Bureau of Economic Research, Inc.
- Michael Devereux & Li Liu & Simon Loretz, 2012. "The Elasticity of Corporate Taxable Income: New Evidence from UK Tax Records," Working Papers 1223, Oxford University Centre for Business Taxation.
- Daisuke Tsuruta, 2020.
"SME policies as a barrier to growth of SMEs,"
Small Business Economics, Springer, vol. 54(4), pages 1067-1106, April.
- TSURUTA Daisuke, 2017. "SME Policies as a Barrier to Growth of SMEs," Discussion papers 17046, Research Institute of Economy, Trade and Industry (RIETI).
- Raj Chetty & John N. Friedman & Tore Olsen & Luigi Pistaferri, 2011.
"Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 126(2), pages 749-804.
- Raj Chetty & John N. Friedman & Tore Olsen & Luigi Pistaferri, 2009. "Adjustment Costs, Firm Responses, and Micro vs. Macro Labor Supply Elasticities: Evidence from Danish Tax Records," NBER Working Papers 15617, National Bureau of Economic Research, Inc.
- Henrik J. Kleven & Mazhar Waseem, 2013. "Using Notches to Uncover Optimization Frictions and Structural Elasticities: Theory and Evidence from Pakistan," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 128(2), pages 669-723.
- García-Santana, Manuel & Pijoan-Mas, Josep, 2014. "The reservation laws in India and the misallocation of production factors," Journal of Monetary Economics, Elsevier, vol. 66(C), pages 193-209.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Asatryan, Zareh & Peichl, Andreas, 2016.
"Responses of firms to tax, administrative and accounting rules: Evidence from Armenia,"
ZEW Discussion Papers
16-065, ZEW - Leibniz Centre for European Economic Research.
- Zareh Asatryan & Andreas Peichl, 2017. "Responses of Firms to Tax, Administrative and Accounting Rules: Evidence from Armenia," CESifo Working Paper Series 6754, CESifo.
- Drahomir Klimsa & Robert Ullmann, 2023. "Threshold-dependent tax enforcement and the size distribution of firms: evidence from Germany," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 30(4), pages 1002-1035, August.
- Li Liu & Ben Lockwood & Miguel Almunia & Eddy H. F. Tam, 2021.
"VAT Notches, Voluntary Registration, and Bunching: Theory and U.K. Evidence,"
The Review of Economics and Statistics, MIT Press, vol. 103(1), pages 151-164, March.
- Almunia, Miguel & Liu, Li & Lockwood, Ben & Tam, Eddy H.F., 2019. "VAT Notches, Voluntary Registration, and Bunching: Theory and UK Evidence," CEPR Discussion Papers 13983, C.E.P.R. Discussion Papers.
- Ms. Li Liu & Mr. Ben Lockwood & Miguel Almunia & Eddy H.F. Tam, 2019. "VAT Notches, Voluntary Registration, and Bunching: Theory and UK Evidence," IMF Working Papers 2019/205, International Monetary Fund.
- Jarkko Harju & Tuomas Matikka & Timo Rauhanen, 2016.
"The Effects of Size-Based Regulation on Small Firms: Evidence from VAT Threshold,"
CESifo Working Paper Series
6115, CESifo.
- Rauhanen, Timo & Harju, Jarkko & Matikka, Tuomas, 2016. "The effects of size-based regulation on small firms: evidence from VAT threshold," Working Papers 75, VATT Institute for Economic Research.
- Harju, Jarkko & Matikka, Tuomas & Rauhanen, Timo, 2019. "Compliance costs vs. tax incentives: Why do entrepreneurs respond to size-based regulations?," Journal of Public Economics, Elsevier, vol. 173(C), pages 139-164.
- Irene Di Marzio & Sauro Mocetti & Enrico Rubolino, 2024. "The market externalities of tax evasion," Temi di discussione (Economic working papers) 1467, Bank of Italy, Economic Research and International Relations Area.
- Miguel Almunia & David Lopez-Rodriguez, 2018.
"Under the Radar: The Effects of Monitoring Firms on Tax Compliance,"
American Economic Journal: Economic Policy, American Economic Association, vol. 10(1), pages 1-38, February.
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," The Warwick Economics Research Paper Series (TWERPS) 1070, University of Warwick, Department of Economics.
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," Economic Research Papers 270213, University of Warwick - Department of Economics.
- Almunia, Miguel & Lopez-Rodriguez, David, 2015. "Under the Radar: The Effects of Monitoring Firms on Tax Compliance," CAGE Online Working Paper Series 245, Competitive Advantage in the Global Economy (CAGE).
- Marx, Benjamin M., 2018. "The Cost of Requiring Charities to Report Financial Information," MPRA Paper 88660, University Library of Munich, Germany.
- Li Liu & Ben Lockwood, 2015.
"VAT notches,"
Working Papers
1506, Oxford University Centre for Business Taxation.
- Li Liu & Benjamin Lockwood, 2015. "VAT Notches," CESifo Working Paper Series 5371, CESifo.
- Lockwood, Ben & Liu, Li, 2015. "VAT Notches," CEPR Discussion Papers 10606, C.E.P.R. Discussion Papers.
- HOSONO Kaoru & TAKIZAWA Miho & TSURU Kotaro, 2017. "Size-dependent Policy and Firm Growth," Discussion papers 17070, Research Institute of Economy, Trade and Industry (RIETI).
- HOSONO Kaoru & HOTEI Masaki & MIYAKAWA Daisuke, 2019. "Size-dependent VAT, Compliance Costs, and Firm Growth," Discussion papers 19041, Research Institute of Economy, Trade and Industry (RIETI).
- Athiphat Muthitacharoen & Wonma Wanichthaworn & Trongwut Burong, 2021. "VAT threshold and small business behavior: evidence from Thai tax returns," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 28(5), pages 1242-1275, October.
- Carrillo, Paul & Emran, M. Shahe, 2018. "Loss Aversion, Transaction Costs, or Audit Trigger? Learning about Corporate Tax Compliance from a Policy Experiment with Withholding Regime," MPRA Paper 87445, University Library of Munich, Germany.
- Ravi Kanbur & Michael Keen, 2014.
"Thresholds, informality, and partitions of compliance,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 21(4), pages 536-559, August.
- Kanbur, Ravi & Keen, Michael, 2014. "Threshold, Informality, and Partitions of Compliance," Working Papers 180136, Cornell University, Department of Applied Economics and Management.
- Marx Benjamin M., 2024.
"Dynamic Bunching Estimation with Panel Data,"
Journal of Econometric Methods, De Gruyter, vol. 13(2), pages 225-249.
- Marx, Benjamin M., 2018. "Dynamic Bunching Estimation with Panel Data," MPRA Paper 88647, University Library of Munich, Germany.
- Chang-Tai Hsieh & Benjamin A. Olken, 2014.
"The Missing "Missing Middle","
Journal of Economic Perspectives, American Economic Association, vol. 28(3), pages 89-108, Summer.
- Chang-Tai Hsieh & Benjamin A. Olken, 2014. "The Missing "Missing Middle"," NBER Working Papers 19966, National Bureau of Economic Research, Inc.
- Luis Garicano & Claire Lelarge & John Van Reenen, 2016.
"Firm Size Distortions and the Productivity Distribution: Evidence from France,"
American Economic Review, American Economic Association, vol. 106(11), pages 3439-3479, November.
- Luis Garicano & Claire Lelarge & John Van Reenen, 2012. "Firm Size Distortions and the Productivity Distribution: Evidence from France," CEP Discussion Papers dp1128, Centre for Economic Performance, LSE.
- Garicano, Luis & Lelarge, Claire & Van Reenen, John, 2016. "Firm size distortions and the productivity distribution:evidence from France," LSE Research Online Documents on Economics 67684, London School of Economics and Political Science, LSE Library.
- Garicano, Luis & Lelargez, Claire & Van Reenen, John, 2016. "Firm size distortions and the productivity distribution: evidence from France," LSE Research Online Documents on Economics 66765, London School of Economics and Political Science, LSE Library.
- Garicano, Luis & Lelarge, Claire & Van Reenen, John, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," IZA Discussion Papers 7241, Institute of Labor Economics (IZA).
- Van Reenen, John & Garicano, Luis & Lelarge, Claire, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," CEPR Discussion Papers 9495, C.E.P.R. Discussion Papers.
- Luis Garicano & Claire LeLarge & John Van Reenen, 2013. "Firm Size Distortions and the Productivity Distribution: Evidence from France," NBER Working Papers 18841, National Bureau of Economic Research, Inc.
- Luis Garicano & Claire Lelarge & John van Reenen, 2016. "Firm Size Distortions and the Productivity Distribution: Evidence from France," Post-Print hal-04196821, HAL.
- Wian Boonzaaier & Jarkko Harju & Tuomas Matikka & Jukka Pirttilä, 2019.
"How do small firms respond to tax schedule discontinuities? Evidence from South African tax registers,"
International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 26(5), pages 1104-1136, October.
- Wian Boonzaaier & Jarkko Harju & Tuomas Matikka & Jukka Pirttilä, 2016. "How do small firms respond to tax schedule discontinuities?: Evidence from South African tax registers," WIDER Working Paper Series wp-2016-36, World Institute for Development Economic Research (UNU-WIDER).
- Wian Boonzaaier & Jarkko Harju & Tuomas Matikka & Jukka Pirttilä, 2018. "How do Small Firms Respond to Tax Schedule Discontinuities? Evidence from South African Tax Registers," CESifo Working Paper Series 7277, CESifo.
- Boonzaaier, Wian & Harju, Jarkko & Matikka, Tuomas & Pirttilä, Jukka, 2017. "How do small firms respond to tax schedule discontinuities? Evidence from South African tax registers," Working Papers 85, VATT Institute for Economic Research.
- Bertanha, Marinho & McCallum, Andrew H. & Seegert, Nathan, 2023.
"Better bunching, nicer notching,"
Journal of Econometrics, Elsevier, vol. 237(2).
- Marinho Bertanha & Andrew H. McCallum & Nathan Seegert, 2021. "Better Bunching, Nicer Notching," Papers 2101.01170, arXiv.org, revised Jun 2023.
- Marinho Bertanha & Andrew H. McCallum & Nathan Seegert, 2021. "Better Bunching, Nicer Notching," Finance and Economics Discussion Series 2021-002, Board of Governors of the Federal Reserve System (U.S.).
- Philippe Aghion & Maxime Gravoueille & Matthieu Lequien & Stefanie Stantcheva, 2017.
"Tax Simplicity or Simplicity of Evasion? Evidence from Self-Employment Taxes in France,"
NBER Working Papers
24049, National Bureau of Economic Research, Inc.
- Philippe Aghion & Ufuk Akcigit & Maxime Gravoueille & Matthieu Lequien & Stefanie Stantcheva, 2023. "Tax simplicity or simplicity of evasion? Evidence from self-employment taxes in France," POID Working Papers 050, Centre for Economic Performance, LSE.
- Philippe Aghion & Maxime Gravoueille & Matthieu Lequien & Stefanie Stantcheva, 2024. "Tax simplicity or simplicity of evasion? Evidence from self-employment taxes in France," CEP Discussion Papers dp1999, Centre for Economic Performance, LSE.
- Aghion, Philippe & Gravoueille, Maxime & Lequien, Matthieu & Stantcheva, Stefanie, 2024. "Tax Simplicity or Simplicity of Evasion? Evidence from Self-Employment Taxes in France," CEPR Discussion Papers 19039, C.E.P.R. Discussion Papers.
More about this item
Keywords
Size-dependent tax policy; Firm growth; Financial constraint;All these keywords.
JEL classification:
- H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm
- H25 - Public Economics - - Taxation, Subsidies, and Revenue - - - Business Taxes and Subsidies
- H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion and Avoidance
- L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:sbusec:v:63:y:2024:i:3:d:10.1007_s11187-023-00844-5. See general information about how to correct material in RePEc.
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 CitEc recognized a bibliographic reference but did not link an item in RePEc 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 RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.