110 research outputs found

    Do higher corporate taxes reduce wages? : Micro evidence from Germany

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    Because of endogeneity problems very few studies have been able to identify the incidence of corporate taxes on wages. We circumvent these problems by using an 11-year panel of data on 11,441 German municipalities' tax rates, 8 percent of which change each year, linked to administrative matched employer-employee data. Consistent with our theoretical model, we find a negative effect of corporate taxation on wages: a 1 euro increase in tax liabilities yields a 77 cent decrease in the wage bill. The direct wage effect, arising in a collective bargaining context, dominates, while the conventional indirect wage effect through reduced investment is empirically small due to regional labor mobility. High and medium-skilled workers, who arguably extract higher rents in collective agreements, bear a larger share of the corporate tax burden

    The Importance of Spatial Autocorrelation for Regional Employment Growth in Germany

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    In analyzing the disparities of the regional developments in the volume of employment in Germany, in the recent empirical literature so called shift-share-regression-models are frequently applied. However, these models usually neglect spatial interdependencies, even though such interdependencies are likely to occur on a regional level. Therefore, this paper focuses on the importance of spatial dependencies using spatial autocorrelation in order to analyze regional employment development. Spatial dependency in the form of spatial lag, spatial error and cross regressive model are compared. The results indicate that the exogenous variables' spatial lag sufficiently explains the spatial autocorrelation of regional employment growth

    The Role of Regional Knowledge Production in University Technology Transfer: Isolating Coevolutionary Effects

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    The rate and magnitude of university-to-industry-technology-transfer (UITT) is a function not only of university characteristics but also of regional factors. A university's embeddedness in an innovative regional milieu moderates UITT. This necessary balance of the supply side (technology push) and demand side (market pull) of technology transfer has so far neither been systematically addressed in the technology transfer literature nor has it been acknowledged by policy makers.We investigate UITT as a function of the interrelation of the industrial innovative milieu of a region and the characteristics of regional universities to identify the impact of the industry on UITT. Thereby we do not only aim to reduce the existing empirical gap in the academic entrepreneurship literature but also to inform policy in its attempt to foster UITT in European regions

    Beyond GDP and Back: What is the Value-Added by Additional Components of Welfare Measurement?

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    Recently, building on the highly polarizing Stiglitz report, a growing literature suggests that statistical offices and applied researchers explore other aspects of human welfare apart from material well-being, such as job security, crime, health, environmental factors and subjective perceptions. To explore the additional information of these indicators, we analyze data on the macro level from the German Federal Statistical Office combined with micro level data from the German SOEP (1991-2008) on the personal work situation and subjective feelings concerning several aspects of life. Employing the indicators suggested by the Stiglitz Report, we find that much of the variation in many well-being measures can indeed be captured well by the hard economic indicators as used in the literature, especially by GDP and the unemployment rate. This suggests that the hard indicators are still a reasonable and quite robust gauge of well-being of a country. And yet, we also see that these correlations are far from perfect, thus giving considerable hope that there is room for a broader statistical reporting

    Regional Age Structure and Economic Growth: An Econometric Study for German Regions

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    This paper analyses the impact of the regional age structure on growth of German regions. Based on a neoclassical growth model an augmented Solow model was derived and estimated in a spatial econometric approach. Besides labor and human capital, public spendings and urbanisation measures are controlled for. Adding the age structure of the employed labor force, which we use as proxy for the age pattern of human capital, improves the regression model significantly. Spatial autocorrelation is controlled for and supports OLS results. To get deeper insights in the effectiveness of the age structure quantile regression techniques are applied to distinguish the effects between various levels of growth rates. The results of the different estimation approaches provide evidence that the age structure matters for growth

    An oxygen-absorption method for examination of fat

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