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SUMMARY:Globalization and Factor Income Taxation - Pierre Bachas (ESSEC Bu
 siness School)
DTSTART;VALUE=DATE-TIME:20240312T150000Z
DTEND;VALUE=DATE-TIME:20240312T163000Z
UID:https://talks.ox.ac.uk/talks/id/c43f14f0-018f-4f28-b1ef-6978dbf7dce9/
DESCRIPTION:This paper builds and analyzes a new global macro-historical d
 atabase of ef- fective tax rates on labor and capital in 155 countries. Ef
 fective capital tax rates fell in developed countries between 1965 and 201
 8\, but rose in developing countries since the mid-1990s. Event-studies an
 d instrumental variable regressions show that a significant share of the r
 ise in developing countries can be explained by trade openness\, which inc
 reases the share of output produced in large corpora- tions\, where effect
 ive capital taxation is higher. In contrast to a commonly held view\, glob
 alization appears in many countries to have supported governments’ abili
 ty to tax capital.\nSpeakers:\nPierre Bachas (ESSEC Business School)
LOCATION:Saïd Business School\, Park End Street OX1 1HP
TZID:Europe/London
URL:https://talks.ox.ac.uk/talks/id/c43f14f0-018f-4f28-b1ef-6978dbf7dce9/
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DESCRIPTION:Talk:Globalization and Factor Income Taxation - Pierre Bachas 
 (ESSEC Business School)
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