Author (Person) | Bricongne, Jean-Charles, Granelli, Lucia, Hoffmann, Susanne |
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Author (Corporate) | European Commission: DG Economic and Financial Affairs |
Publisher | Publications Office of the European Union |
Series Title | European Economy: Discussion Papers |
Series Details | Number 68 |
Publication Date | 27/07/2017 |
ISBN | 978-92-79-64927-1 |
ISSN | 2443-8022 |
Content Type | Research Paper |
Summary: The purpose of this paper is to assess the effect of fiscal measures on the investment decisions of French non-financial corporations. As a reference framework, we use the model developed by Eudeline et al. (2013). We extend this framework by introducing the effect of fiscal incentives on investments. We estimate the effect of a decrease in the corporate tax rate in France, which passed from 42 % in 1990 to 33.3 % nowadays and is planned to be reduced to 28 % by 2020 and to 25% in 2022. Fiscal measures are found to have a positive effect on investment, although the growth rate of economic activity and the corporate saving rate remain the main drivers of corporate investment. |
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Source Link |
https://ec.europa.eu/info/publications/economy-finance/fiscal-measures-and-corporate-investment-france_en
Alternative sources
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Fiscal Policy |
Keywords | Non-Financial Corporations |
Countries / Regions | France |
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