The relationship between economic policy uncertainty and corporate tax rates

Clance, M.W. (Matthew); Gozgor, Giray; Gupta, Rangan; Lau, Chi Keung Marco

dc.contributor.author	Clance, M.W. (Matthew)
dc.contributor.author	Gozgor, Giray
dc.contributor.author	Gupta, Rangan
dc.contributor.author	Lau, Chi Keung Marco
dc.date.accessioned	2022-03-24T12:59:49Z
dc.date.available	2022-03-24T12:59:49Z
dc.date.issued	2021-04
dc.description.abstract	This paper investigates the relationship between economic policy uncertainty and corporate tax rates in a panel dataset of 126 countries throughout 2003–2018. We use the so-called “World Uncertainty Index” to measure the level of economic policy uncertainty. We utilize various estimation techniques and find a one-way causality from economic policy uncertainty to corporate tax rates. Specifically, a rise in economic policy uncertainty leads to higher corporate tax rates. We also discuss potential implications.	en_ZA
dc.description.department	Economics	en_ZA
dc.description.librarian	hj2022	en_ZA
dc.description.uri	http://www.worldscientific.com/worldscinet/afe	en_ZA
dc.identifier.citation	Clance, M., Gozgor, G., Gupta, R. et al. 2021, 'The relationship between economic policy uncertainty and corporate tax rates', Annals of Financial Economics, vol. 16, no. 1, art. 2150002.	en_ZA
dc.identifier.issn	2010-4952 (print)
dc.identifier.issn	2010-4960 (online)
dc.identifier.other	10.1142/S2010495221500020
dc.identifier.uri	http://hdl.handle.net/2263/84628
dc.language.iso	en	en_ZA
dc.publisher	World Scientific Publishing	en_ZA
dc.rights	© 2021 World Scientific Publishing	en_ZA
dc.subject	Corporate taxation	en_ZA
dc.subject	Economic policy uncertainty (EPU)	en_ZA
dc.subject	Uncertainty shocks	en_ZA
dc.subject	Business cycles	en_ZA
dc.subject	Panel data estimation techniques	en_ZA
dc.title	The relationship between economic policy uncertainty and corporate tax rates	en_ZA
dc.type	Preprint Article	en_ZA