Da Rin, Marco; Di Giacomo, Marina; Sembenelli, Alessandro - In: Journal of Public Economics 95 (2011) 9, pp. 1048-1066
based on recent models of how corporate taxation affects firm's incorporation decision. We compute effective average tax … rates and study how the taxation of corporate income affects entry rates at the country-industry level. Drawing on the … political economy literature, we account for the possible endogeneity of taxation. We find a significant negative effect of …