Template-type: ReDIF-Paper 1.0
Author-Name:Kelly D. Edmiston
Author-Email:prckde@langate.gsu.edu 
Author-Workplace-Name:Andrew Young School of Policy Studies, Georgia State        University
Author-Workplace-Homepage:http://isp-aysps.gsu.edu/index.html
Title: Tax Uncertainty and Investment: A Cross-Country Empirical Investigation 
Abstract:An empiricial investigation of uncertain tax policy and investment is crucial 
 to a fuller understanding of the interplay between taxes and investment, especially given 
 ambiguities in the limited theoretical literature. In this paper we model the time series 
 of effective tax rates in several OECD countries using ARCH-GARCH models. We then incorporate 
 the resulting tax rate volatility estimates in a panel regression model of investment per worker.
 We find that the volatility of tax rates has a significant negative impact on investment per 
 worker in these countries.
Keywords: Tax Uncertainty, Investment, Cross-Country Empirical Investigation 
Length: 28 pages
Creation-Date: 2001-04-01
File-URL:http://icepp.gsu.edu/files/2015/03/ispwp0105.pdf
File-Format:Application/PDF
Handle: RePEc:ays:ispwps:paper0105