| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP10565
|
| DP10565 Taxation and the International Mobility of Inventors |
| Ufuk Akcigit; Salome Baslandze
|
| 发表日期 | 2015-05-03
|
| 出版年 | 2015
|
| 语种 | 英语
|
| 摘要 | This paper studies the effect of top tax rates on inventors' mobility since 1977. We put special emphasis on "superstar" inventors, those with the most and most valuable patents. We use panel data on inventors from the United States and European Patent Offices to track inventors' locations over time and combine it with international effective top tax rate data. We construct a detailed set of proxies for inventors' counterfactual incomes in each possible destination country including, among others, measures of patent quality and technological fit with each potential destination. We find that superstar top 1% inventors are significantly affected by top tax rates when deciding where to locate. The elasticity of the number of domestic inventors to the net-of-tax rate is relatively small, between 0.04 and 0.06, while the elasticity of the number of foreign inventors is much larger, around 1.3. The elasticities to top net-of-tax rates decline as one moves down the quality distribution of inventors. Inventors who work in multinational companies are more likely to take advantage of tax differentials. On the other hand, if the company of an inventor has a higher share of its research activity in a given country, the inventor is less sensitive to the tax rate in that country. |
| 主题 | International Macroeconomics
; Public Economics
|
| 关键词 | Income taxes
Innovation
Inventors
Migration
Taxation
|
| URL | https://cepr.org/publications/dp10565
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539397
|
推荐引用方式
GB/T 7714 |
Ufuk Akcigit,Salome Baslandze. DP10565 Taxation and the International Mobility of Inventors. 2015.
|
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