Assessing the Effects of Local Taxation using Microgeographic Data
研究地方税收对企业选址和增长的影响，通过配对行政边界两侧的企业来估计税收效应，发现税收对就业增长有负面影响，但对新企业进入无显著作用。
We study the impact of local taxation on the location and growth of firms. Our empirical methodology pairs establishments across jurisdictional boundaries to estimate the impact of taxation. Our approach improves on existing work as it corrects for unobserved establishment heterogeneity, for unobserved time-varying site-specific effects and for the endogeneity of local taxation. Applied to data for English manufacturing establishments, we find that local taxation has a negative impact on employment growth but no effect on entry.