Income Tax and Salesforce Performance: A Micro Perspective

How does the change in income tax affect sales performance? Our paper explores the link between economic policy and salesforce management at the transactional level, using data from a large fashion retailer in China. The analysis shows that the implementation of a nationwide personal income tax cut in October 2018 improves sales performance more among those salespersons who benefited from the policy, compare to others. The performance gain is observed after the tax cut and persisted in future months, and is particularly significant in low-income regions. We also find that the performance gain is largely due to an increase in sales of pricier items, rather than more reliance on discounts. Finally, the research shows that the net effect of the tax cut is an increase in the government’s revenue due to the firm’s higher sales and corresponding increase in corporate tax paid

Research into a Multi-Variate Surveillance Data Fusion Processing Algorithm

Targeted information sources include radar and ADS (Automatic Dependent Surveillance) for civil ATM (Air Traffic Management) systems, and the new navigation system based on satellites has the capability of global coverage. In order to solve the surveillance problem in mid-and-high altitude airspace and approaching airspace, this paper proposes a filter-based covariance matrix weighting method, measurement variance weighting method, and measurement-first weighted fusion method weighting integration algorithm to improve the efficiency of data integration calculation under fixed accuracy. Besides this, this paper focuses on the technology of the integration of a multi-radar surveillance system and automated related surveillance system in the ATM system and analyzes the constructional method of a multigeneration surveillance data integration system, as well as establishing the targeted model of sensors and the target track and designing the logical structure of multi-radar and ADS data integration. Document type: Articl