FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W3144564108> ?p ?o ?g. }

• W3144564108 abstract "Author(s): Xu, Jiayi | Advisor(s): Bulman, George GB; Marion, Justin JM | Abstract: This dissertation studies topics related to public economics, public policy, and financial economics. The first chapter examines how shifting the tax burden between residential and business property affects local government spending, business activities, and residential mobility. I exploit shifts in the tax burden stemming from staggered reassessment cycles. The infrequency of reassessments results in sudden and often substantial shifts in the property tax burden, while the differential timing of reassessments across towns allows for credible causal identification. The analysis reveals that local governments are not sensitive to revenue source, as shifting the tax burden between residents and businesses does not affect revenue levels or the nature of public expenditures. However, I find that higher business tax burdens reduce the number of small establishments in industries that have low profit margins, a result that is evident in data on local business counts, commercial vacancy rates, and foreclosures. Further, increased business property tax burdens appear to reduce employment levels and wages. In contrast, I do not find significant evidence of increased residential mobility. The analysis is informative for tax policy and contributes to the literatures on the residual versus strategic views of tax rate setting and the benefit versus capital views of tax incidence. In Chapter 2, we provide new evidence of the flypaper effect in a context of a budget shortfall generated by a targeted tax reduction. Specifically, we examine whether local government increases tax revenue from other sources, reduces expenditures that benefit the targeted group, and consider the net impact of these responses on income and economic productivity after China abolished its agricultural tax in 2004. Comparing nearly identical counties in adjacent provinces reveals that differences in revenue shortfall are not offset by increased taxes. However, local agriculture expenditure is disproportionately reduced, attenuating the benefits to farmers. Further, farmers in counties that experienced larger revenue shortfalls suffered losses of net income.The final chapter investigates the impacts of firm scandals by scandal types and sectors. This chapter exploits a unique setting that generates a large set of systematically reported scandals, allowing us to measure investors' responses across scandal types. We document the recent 10-year scandals and use an event study approach to estimate the effects across product quality, personal information, and business practice scandals. We find that the effects are the largest for defective products, but there are also strong negative responses to personal information breaches. We find little stock response to the revelation of deceptive business practices. We also make comparisons across industry sectors and find that the consumer goods sector suffers the largest impacts, followed by the services sector, while the technology sector exhibits the smallest responses. These results shed light on how the market responds to various types of scandals and whether some industries are more vulnerable to negative effects." @default.
• W3144564108 created "2021-04-13" @default.
• W3144564108 creator A5031205173 @default.
• W3144564108 date "2018-12-07" @default.
• W3144564108 modified "2023-09-27" @default.
• W3144564108 title "Essays in applied microeconomics" @default.
• W3144564108 hasPublicationYear "2018" @default.
• W3144564108 type Work @default.
• W3144564108 sameAs 3144564108 @default.
• W3144564108 citedByCount "0" @default.
• W3144564108 crossrefType "journal-article" @default.
• W3144564108 hasAuthorship W3144564108A5031205173 @default.
• W3144564108 hasConcept C100001284 @default.
• W3144564108 hasConcept C10138342 @default.
• W3144564108 hasConcept C121964417 @default.
• W3144564108 hasConcept C145236788 @default.
• W3144564108 hasConcept C151730666 @default.
• W3144564108 hasConcept C162077342 @default.
• W3144564108 hasConcept C162324750 @default.
• W3144564108 hasConcept C195487862 @default.
• W3144564108 hasConcept C2776805697 @default.
• W3144564108 hasConcept C2777171531 @default.
• W3144564108 hasConcept C2779343474 @default.
• W3144564108 hasConcept C551662922 @default.
• W3144564108 hasConcept C55214782 @default.
• W3144564108 hasConcept C556758197 @default.
• W3144564108 hasConcept C86803240 @default.
• W3144564108 hasConceptScore W3144564108C100001284 @default.
• W3144564108 hasConceptScore W3144564108C10138342 @default.
• W3144564108 hasConceptScore W3144564108C121964417 @default.
• W3144564108 hasConceptScore W3144564108C145236788 @default.
• W3144564108 hasConceptScore W3144564108C151730666 @default.
• W3144564108 hasConceptScore W3144564108C162077342 @default.
• W3144564108 hasConceptScore W3144564108C162324750 @default.
• W3144564108 hasConceptScore W3144564108C195487862 @default.
• W3144564108 hasConceptScore W3144564108C2776805697 @default.
• W3144564108 hasConceptScore W3144564108C2777171531 @default.
• W3144564108 hasConceptScore W3144564108C2779343474 @default.
• W3144564108 hasConceptScore W3144564108C551662922 @default.
• W3144564108 hasConceptScore W3144564108C55214782 @default.
• W3144564108 hasConceptScore W3144564108C556758197 @default.
• W3144564108 hasConceptScore W3144564108C86803240 @default.
• W3144564108 hasLocation W31445641081 @default.
• W3144564108 hasOpenAccess W3144564108 @default.
• W3144564108 hasPrimaryLocation W31445641081 @default.
• W3144564108 hasRelatedWork W1506403048 @default.
• W3144564108 hasRelatedWork W1535994543 @default.
• W3144564108 hasRelatedWork W1555426824 @default.
• W3144564108 hasRelatedWork W1561912047 @default.
• W3144564108 hasRelatedWork W2155372537 @default.
• W3144564108 hasRelatedWork W2256706201 @default.
• W3144564108 hasRelatedWork W2268317935 @default.
• W3144564108 hasRelatedWork W248881193 @default.
• W3144564108 hasRelatedWork W2564757598 @default.
• W3144564108 hasRelatedWork W2744736926 @default.
• W3144564108 hasRelatedWork W2973065082 @default.
• W3144564108 hasRelatedWork W2981662282 @default.
• W3144564108 hasRelatedWork W3024967695 @default.
• W3144564108 hasRelatedWork W3122331857 @default.
• W3144564108 hasRelatedWork W3125505581 @default.
• W3144564108 hasRelatedWork W3125712693 @default.
• W3144564108 hasRelatedWork W3131636698 @default.
• W3144564108 hasRelatedWork W3153477340 @default.
• W3144564108 hasRelatedWork W3211116393 @default.
• W3144564108 hasRelatedWork W3092652201 @default.
• W3144564108 isParatext "false" @default.
• W3144564108 isRetracted "false" @default.
• W3144564108 magId "3144564108" @default.
• W3144564108 workType "article" @default.