G2TT
来源类型Journal Publication
规范类型其他
Investment and Union Certification
Kevin A. Hassett; Bruce Fallick
发表日期1999-07-01
出版年1999
语种英语
摘要A growing body of work–both theoretical and empirical–has emphasized that unionization may be better understood as a tax on capital rather than a tax on labor. Under this “new” view, unionization unambiguously lowers investment. Using data on union certification elections, we estimate the impact of unionization on firms’ investment behavior. Employing both a standard q-model and an “investment surprises” technique, we find that union certification significantly reduces investment. We find that a winning certification election has, on average, about the same effect on investment as would a 30 percentage point increase in the corporate tax. The full paper is available as a PDF.
主题Public Economics
标签investment ; labor unions ; Policy Papers ; Tax reform
URLhttps://www.aei.org/research-products/journal-publication/investment-and-union-certification/
来源智库American Enterprise Institute (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/209061
推荐引用方式
GB/T 7714
Kevin A. Hassett,Bruce Fallick. Investment and Union Certification. 1999.
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