| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w24982 |
| 来源ID | Working Paper 24982 |
| Taxation and Innovation in the 20th Century | |
| Ufuk Akcigit; John Grigsby; Tom Nicholas; Stefanie Stantcheva | |
| 发表日期 | 2018-09-10 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | This paper studies the effect of corporate and personal taxes on innovation in the United States over the twentieth century. We build a panel of the universe of inventors who patent since 1920, and a historical state-level corporate tax database with corporate tax rates and tax base information, which we link to existing data on state-level personal income taxes and on other economic outcomes. Our analysis focuses on the impact of personal and corporate income taxes on individual inventors (the micro level) and on states (the macro level), considering the quantity and quality of innovation, its location, and the share produced by the corporate rather than the non-corporate sector. We propose several identification strategies, all of which yield consistent results. We find that higher taxes negatively impact the quantity and the location of innovation, but not average innovation quality. The state-level elasticities to taxes are large and consistent with the aggregation of the individual level responses of innovation produced and cross-state mobility. Corporate taxes tend to especially affect corporate inventors’ innovation production and cross-state mobility. Personal income taxes significantly affect the quantity of innovation overall and the mobility of inventors. |
| 主题 | Public Economics ; Taxation ; Labor Economics ; Unemployment and Immigration ; Development and Growth ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w24982 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/582656 |
| 推荐引用方式 GB/T 7714 | Ufuk Akcigit,John Grigsby,Tom Nicholas,et al. Taxation and Innovation in the 20th Century. 2018. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w24982.pdf（2063KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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