Habit persistence in effective tax rates
This paper uses administrative data from the Australian Tax Office (ATO) to model the effective tax rates (ETRs) of large Australian corporates. The extent to which there is any habit persistence in ETRs is also examined. The results suggest that unobserved entity heterogeneity is important in expla...
| Main Authors: | , |
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| Format: | Journal Article |
| Language: | English |
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ROUTLEDGE TAYLOR & FRANCIS LTD
2003
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| Online Access: | http://hdl.handle.net/20.500.11937/81812 |
| _version_ | 1848764428075401216 |
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| author | Harris, Mark Feeny, S. |
| author_facet | Harris, Mark Feeny, S. |
| author_sort | Harris, Mark |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | This paper uses administrative data from the Australian Tax Office (ATO) to model the effective tax rates (ETRs) of large Australian corporates. The extent to which there is any habit persistence in ETRs is also examined. The results suggest that unobserved entity heterogeneity is important in explaining ETRs. In terms of observed heterogeneity, entity size, level of leverage, capital intensity, foreign income and R and D, are important explanators of ETRs. There is also evidence of a significant amount of habit persistence, implying that ETRs converge monotonically towards the statutory rate of corporation tax. |
| first_indexed | 2025-11-14T11:19:12Z |
| format | Journal Article |
| id | curtin-20.500.11937-81812 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T11:19:12Z |
| publishDate | 2003 |
| publisher | ROUTLEDGE TAYLOR & FRANCIS LTD |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-818122021-03-16T03:38:25Z Habit persistence in effective tax rates Harris, Mark Feeny, S. Social Sciences Economics Business & Economics MODELS SIZE This paper uses administrative data from the Australian Tax Office (ATO) to model the effective tax rates (ETRs) of large Australian corporates. The extent to which there is any habit persistence in ETRs is also examined. The results suggest that unobserved entity heterogeneity is important in explaining ETRs. In terms of observed heterogeneity, entity size, level of leverage, capital intensity, foreign income and R and D, are important explanators of ETRs. There is also evidence of a significant amount of habit persistence, implying that ETRs converge monotonically towards the statutory rate of corporation tax. 2003 Journal Article http://hdl.handle.net/20.500.11937/81812 10.1080/0003684032000050577 English ROUTLEDGE TAYLOR & FRANCIS LTD restricted |
| spellingShingle | Social Sciences Economics Business & Economics MODELS SIZE Harris, Mark Feeny, S. Habit persistence in effective tax rates |
| title | Habit persistence in effective tax rates |
| title_full | Habit persistence in effective tax rates |
| title_fullStr | Habit persistence in effective tax rates |
| title_full_unstemmed | Habit persistence in effective tax rates |
| title_short | Habit persistence in effective tax rates |
| title_sort | habit persistence in effective tax rates |
| topic | Social Sciences Economics Business & Economics MODELS SIZE |
| url | http://hdl.handle.net/20.500.11937/81812 |