2026-06-27T12:27:19Zhttps://docta.ucm.es/rest/oai/request

oai:docta.ucm.es:20.500.14352/190472023-08-25T16:54:59Zcom_20.500.14352_14col_20.500.14352_15

Gemmell, Norman Kneller, Richard McGowan, Danny Sanz, Ismael Sanz Sanz, José Félix 2023-06-17T23:56:16Z 2023-06-17T23:56:16Z 2018 0347-0520 10.1111/sjoe.12212 https://hdl.handle.net/20.500.14352/19047 https://doi.org/10.1111/sjoe.12212 In this paper, we explore whether higher corporate tax rates, because they lower the after-tax returns to productivity-enhancing investments, reduce the speed with which small firms converge to the productivity frontier. Using data for 11 European countries, we find evidence that their productivity catch-up is slower when the statutory corporate tax rates are higher. In contrast, we find that large firms are instead affected by effective marginal rates. Using the reduced-form model of productivity convergence of Griffith et al. (2009, Journal of Regional Science 49, 689–720), our results are robust to a host of robustness checks and a natural experiment that exploits the 2001 German tax reforms. eng restricted access Corporate Taxation and Productivity Catch-Up: Evidence from European firms journal article