2024
Schwab, Thomas
Quo Vadis, Cohesion Policy? European Regional Development at a Crossroads Journal Article
In: Intereconomics, vol. 59, no. 5, pp. 284-292, 2024.
Links | BibTeX | Tags: Bertelsmann Stiftung, Cohesion, European Economics
@article{intereconomics-quo-vadis-cohesion-policy,
title = {Quo Vadis, Cohesion Policy? European Regional Development at a Crossroads},
author = {Thomas Schwab},
url = {https://www.intereconomics.eu/contents/year/2024/number/5/article/quo-vadis-cohesion-policy-european-regional-development-at-a-crossroads.html},
doi = {10.2478/ie-2024-0056},
year = {2024},
date = {2024-10-03},
urldate = {2024-10-03},
journal = {Intereconomics},
volume = {59},
number = {5},
pages = {284-292},
keywords = {Bertelsmann Stiftung, Cohesion, European Economics},
pubstate = {published},
tppubtype = {article}
}
Schwab, Thomas
Quo vadis, Cohesion Policy? European Regional Development at a Crossroads Working paper
2024.
Links | BibTeX | Tags: Bertelsmann Stiftung, Cohesion, European Economics
@workingpaper{quo_vadis_cohesion,
title = {Quo vadis, Cohesion Policy? European Regional Development at a Crossroads},
author = {Thomas Schwab},
editor = {Bertelsmann Stiftung},
url = {https://www.bertelsmann-stiftung.de/de/publikationen/publikation/did/quo-vadis-cohesion-policy-european-regional-development-at-a-crossroads},
year = {2024},
date = {2024-06-13},
urldate = {2024-06-13},
keywords = {Bertelsmann Stiftung, Cohesion, European Economics},
pubstate = {published},
tppubtype = {workingpaper}
}
2023
Többen, Johannes; Banning, Maximilian; Hembach-Stunden, Katharina; Stöver, Britta; Ulrich, Philip; Schwab, Thomas
Energising EU Cohesion: Powering up lagging regions in the renewable energy transition Technical Report
2023.
Abstract | Links | BibTeX | Tags: Bertelsmann Stiftung, Cohesion
@techreport{nokey,
title = {Energising EU Cohesion: Powering up lagging regions in the renewable energy transition},
author = {Johannes Többen and Maximilian Banning and Katharina Hembach-Stunden and Britta Stöver and Philip Ulrich and Thomas Schwab},
editor = {Bertelsmann Stiftung},
url = {https://www.bertelsmann-stiftung.de/de/publikationen/publikation/did/energising-eu-cohesion
https://ideas.repec.org/p/pra/mprapa/119374.html},
doi = {10.11586/2023040},
year = {2023},
date = {2023-12-05},
urldate = {2023-12-05},
abstract = {The European Green Deal mandates a substantial transformation of the energy sector, responsible for more than 80 % of total greenhouse gas emissions. This study investigates the economic implications of achieving climate neutrality in the European energy sector in light of the EU's core goal of economic cohesion, i.e. harmonious economic development across European regions. Employing a novel multi-regional input-output model, our analysis reveals how the renewable energy transition affects European regions. Under complete decarbonisation, changes in value added per capita range from -2,450 Euro to +1,570 Euro, and employment levels fluctuate between -2.1 % and +4.9 %. On average, most regions experience positive effects, characterised by an average increase in value added per capita of 10 Euro and a 0.3 % rise in employment in 2050. Overall, rural regions with substantial renewable energy potential derive the greatest benefits, while urban regions heavily reliant on carbon-intensive industries are more likely to experience adverse effects. This dynamic fosters economic cohesion by providing opportunities for lagging regions to catch up, yet also poses fresh challenges to achieving this goal. Therefore, cohesion policy must expand its scope to counter the adverse effects as well as leveraging opportunities created by the renewable energy transition in all European regions.},
keywords = {Bertelsmann Stiftung, Cohesion},
pubstate = {published},
tppubtype = {techreport}
}
The European Green Deal mandates a substantial transformation of the energy sector, responsible for more than 80 % of total greenhouse gas emissions. This study investigates the economic implications of achieving climate neutrality in the European energy sector in light of the EU's core goal of economic cohesion, i.e. harmonious economic development across European regions. Employing a novel multi-regional input-output model, our analysis reveals how the renewable energy transition affects European regions. Under complete decarbonisation, changes in value added per capita range from -2,450 Euro to +1,570 Euro, and employment levels fluctuate between -2.1 % and +4.9 %. On average, most regions experience positive effects, characterised by an average increase in value added per capita of 10 Euro and a 0.3 % rise in employment in 2050. Overall, rural regions with substantial renewable energy potential derive the greatest benefits, while urban regions heavily reliant on carbon-intensive industries are more likely to experience adverse effects. This dynamic fosters economic cohesion by providing opportunities for lagging regions to catch up, yet also poses fresh challenges to achieving this goal. Therefore, cohesion policy must expand its scope to counter the adverse effects as well as leveraging opportunities created by the renewable energy transition in all European regions.Bachtrögler-Unger, Julia; Balland, Pierre-Alexandre; Boschma, Ron; Schwab, Thomas
Technological capabilities and the twin transition in Europe: Opportunities for regional collaboration and economic cohesion Technical Report
2023.
Abstract | Links | BibTeX | Tags: Bertelsmann Stiftung, Cohesion
@techreport{tech_opportunities,
title = {Technological capabilities and the twin transition in Europe: Opportunities for regional collaboration and economic cohesion},
author = {Julia Bachtrögler-Unger and Pierre-Alexandre Balland and Ron Boschma and Thomas Schwab},
editor = {Bertelsmann Stiftung},
url = {https://www.bertelsmann-stiftung.de/de/publikationen/publikation/did/technological-capabilities-and-the-twin-transition-in-europe
https://ideas.repec.org/p/pra/mprapa/117485.html},
doi = {10.11586/2023017},
year = {2023},
date = {2023-04-24},
urldate = {2023-04-24},
abstract = {Technological capabilities vary substantially across European regions. Combining these diverse sets of capabilities is crucial to develop the technologies necessary to master the green and digital transition. However, collaboration between regions is sparse today. To increase inter-regional cooperation, linkages that spur the development of green and digital technologies must be identified. In this study, we provide an overview of inter-regional collaborations already in place and map new opportunities for these between regions. A special emphasis is placed on potential collaborations between economically leading and lagging regions. Our results provide new impetus for policy designs that strengthen regional innovation capabilities and cohesion across Europe’s regions.},
keywords = {Bertelsmann Stiftung, Cohesion},
pubstate = {published},
tppubtype = {techreport}
}
Technological capabilities vary substantially across European regions. Combining these diverse sets of capabilities is crucial to develop the technologies necessary to master the green and digital transition. However, collaboration between regions is sparse today. To increase inter-regional cooperation, linkages that spur the development of green and digital technologies must be identified. In this study, we provide an overview of inter-regional collaborations already in place and map new opportunities for these between regions. A special emphasis is placed on potential collaborations between economically leading and lagging regions. Our results provide new impetus for policy designs that strengthen regional innovation capabilities and cohesion across Europe’s regions.Maucorps, Ambre; Römisch, Roman; Schwab, Thomas; Vujanović, Nina
The Impact of the Green and Digital Transition on Regional Cohesion in Europe Journal Article
In: Intereconomics, vol. 58, iss. 2, pp. 102-110, 2023.
Abstract | Links | BibTeX | Tags: Cohesion
@article{twin_transition_cohesion_intereconomics,
title = {The Impact of the Green and Digital Transition on Regional Cohesion in Europe},
author = {Ambre Maucorps and Roman Römisch and Thomas Schwab and Nina Vujanović},
url = {https://sciendo.com/article/10.2478/ie-2023-0021
https://ideas.repec.org/a/vrs/intere/v58y2023i2p102-110n1.html},
doi = {10.2478/ie-2023-0021},
year = {2023},
date = {2023-04-02},
urldate = {2023-04-02},
journal = {Intereconomics},
volume = {58},
issue = {2},
pages = {102-110},
abstract = {Closing the prosperity gap between regions has always been a key political aspiration of the European Union – and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works.
How well prepared are regions to capitalise on the twin transition? What impact will it have on regional cohesion in Europe? We find that greening and digitalising the economy will likely widen the gap between rich and poor regions in the European Union.},
keywords = {Cohesion},
pubstate = {published},
tppubtype = {article}
}
Closing the prosperity gap between regions has always been a key political aspiration of the European Union – and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works.
How well prepared are regions to capitalise on the twin transition? What impact will it have on regional cohesion in Europe? We find that greening and digitalising the economy will likely widen the gap between rich and poor regions in the European Union.2022
Maucorps, Ambre; Römisch, Roman; Schwab, Thomas; Vujanovic, Nina
The Future of EU Cohesion: Effects of the Twin Transition on Disparities across European Regions Technical Report
2022.
Abstract | Links | BibTeX | Tags: Bertelsmann Stiftung, Cohesion
@techreport{future_cohesion,
title = {The Future of EU Cohesion: Effects of the Twin Transition on Disparities across European Regions},
author = {Ambre Maucorps and Roman Römisch and Thomas Schwab and Nina Vujanovic},
editor = {Bertelsmann Stiftung},
url = {https://www.bertelsmann-stiftung.de/de/publikationen/publikation/did/the-future-of-eu-cohesion
https://ideas.repec.org/p/pra/mprapa/117681.html},
doi = {10.11586/2022127},
year = {2022},
date = {2022-10-12},
urldate = {2022-10-12},
abstract = {Closing the prosperity gap between regions has always been a key political aspiration of the European Union – and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How well prepared are regions to capitalise on the twin transition? And what impact will it have on regional cohesion in Europe? Our study finds that greening and digitalising the economy will likely widen the gap between rich and poor regions in Europe.},
keywords = {Bertelsmann Stiftung, Cohesion},
pubstate = {published},
tppubtype = {techreport}
}
Closing the prosperity gap between regions has always been a key political aspiration of the European Union – and cohesion policy is the primary means to achieve that goal. Europe is currently undergoing a digital and green transition that is drastically changing the way its economy works. How well prepared are regions to capitalise on the twin transition? And what impact will it have on regional cohesion in Europe? Our study finds that greening and digitalising the economy will likely widen the gap between rich and poor regions in Europe.Petersen, Thieß; Schwab, Thomas
Handelssanktionen — Wirkungen und Nebenwirkungen [Trade Sanctions — Effects and Side Effects] Journal Article
In: Wirtschaftsdienst, vol. 102, iss. 5, pp. 354-360, 2022.
Abstract | Links | BibTeX | Tags: European Economics
@article{handelssanktionen,
title = {Handelssanktionen — Wirkungen und Nebenwirkungen [Trade Sanctions — Effects and Side Effects]},
author = {Thieß Petersen and Thomas Schwab},
url = {https://link.springer.com/article/10.1007/s10273-022-3188-2
https://ideas.repec.org/a/spr/wirtsc/v102y2022i5d10.1007_s10273-022-3188-2.html},
doi = {10.1007/s10273-022-3188-2},
year = {2022},
date = {2022-05-20},
urldate = {2022-05-20},
journal = {Wirtschaftsdienst},
volume = {102},
issue = {5},
pages = {354-360},
abstract = {Trade sanctions have been repeatedly used as an instrument to force countries to change policies or actions that are considered condemnable. Trade sanctions put pressure on a country by purposefully harming its economy. The resulting economic costs are intended to translate into political costs for the government of the target country. In this article, we outline the economic mechanisms behind trade sanctions and resulting effects for both the implementer and the target country. We also discuss the implications of our findings in light of the current sanction regime against Russia.},
keywords = {European Economics},
pubstate = {published},
tppubtype = {article}
}
Trade sanctions have been repeatedly used as an instrument to force countries to change policies or actions that are considered condemnable. Trade sanctions put pressure on a country by purposefully harming its economy. The resulting economic costs are intended to translate into political costs for the government of the target country. In this article, we outline the economic mechanisms behind trade sanctions and resulting effects for both the implementer and the target country. We also discuss the implications of our findings in light of the current sanction regime against Russia.2021
Schwab, Thomas; Todtenhaupt, Maximilian
Thinking outside the box: The cross-border effect of tax cuts on R&D Journal Article
In: Journal of Public Economics, vol. 204, 2021.
Abstract | Links | BibTeX | Tags: Tax
@article{thinking_outside_box,
title = {Thinking outside the box: The cross-border effect of tax cuts on R&D},
author = {Thomas Schwab and Maximilian Todtenhaupt},
url = {https://www.sciencedirect.com/science/article/pii/S0047272721001729
https://ideas.repec.org/a/eee/pubeco/v204y2021ics0047272721001729.html},
doi = {10.1016/j.jpubeco.2021.104536},
year = {2021},
date = {2021-11-05},
urldate = {2021-11-05},
journal = {Journal of Public Economics},
volume = {204},
abstract = {We analyze how a reduction of the tax rate on corporate income from intellectual property (IP) in one country, known as a patent box regime, affects corporate R&D activity in other countries. Combining data on patents and multinational corporation networks, we show that the cross-border effect of tax policy changes depends on whether co-location of the IP and the underlying R&D activity is required. Patent boxes without such a requirement increase patent output in other countries. Patent boxes with such a requirement reduce patent output abroad but only when relocation costs for R&D activity are small.},
keywords = {Tax},
pubstate = {published},
tppubtype = {article}
}
We analyze how a reduction of the tax rate on corporate income from intellectual property (IP) in one country, known as a patent box regime, affects corporate R&D activity in other countries. Combining data on patents and multinational corporation networks, we show that the cross-border effect of tax policy changes depends on whether co-location of the IP and the underlying R&D activity is required. Patent boxes without such a requirement increase patent output in other countries. Patent boxes with such a requirement reduce patent output abroad but only when relocation costs for R&D activity are small.Knoll, Bodo; Riedel, Nadine; Schwab, Thomas; Todtenhaupt, Maximilian; Voget, Johannes
Cross-border effects of R&D tax incentives Journal Article
In: Research Policy, vol. 50, iss. 9, 2021.
Abstract | Links | BibTeX | Tags: Tax
@article{cross_border_rd_2021,
title = {Cross-border effects of R&D tax incentives},
author = {Bodo Knoll and Nadine Riedel and Thomas Schwab and Maximilian Todtenhaupt and Johannes Voget},
url = {https://www.sciencedirect.com/science/article/pii/S0048733321001268
https://ideas.repec.org/a/eee/respol/v50y2021i9s0048733321001268.html},
doi = {10.1016/j.respol.2021.104326},
year = {2021},
date = {2021-07-28},
urldate = {2021-07-28},
journal = {Research Policy},
volume = {50},
issue = {9},
abstract = {Existing evidence shows that R&D tax incentives boost countries’ private sector R&D. Given the importance of multinational enterprises (MNEs) for private sector innovation, it is unclear, however, whether firms engage in genuinely new R&D or whether R&D is reallocated across borders. Drawing on data on unconsolidated R&D activity of MNEs in Europe, we provide evidence that responses are dominated by cross-border relocations: More generous tax incentives in one country increase MNEs’ R&D investments in affiliates located there, while lowering R&D investments in affiliates of the same MNE group located in other countries. Globally, firms hardly raise their R&D activities when tax incentives become more generous.},
keywords = {Tax},
pubstate = {published},
tppubtype = {article}
}
Existing evidence shows that R&D tax incentives boost countries’ private sector R&D. Given the importance of multinational enterprises (MNEs) for private sector innovation, it is unclear, however, whether firms engage in genuinely new R&D or whether R&D is reallocated across borders. Drawing on data on unconsolidated R&D activity of MNEs in Europe, we provide evidence that responses are dominated by cross-border relocations: More generous tax incentives in one country increase MNEs’ R&D investments in affiliates located there, while lowering R&D investments in affiliates of the same MNE group located in other countries. Globally, firms hardly raise their R&D activities when tax incentives become more generous.Schwab, Thomas
Investitionen steuern die Zukunft Journal Article
In: novus, vol. 2021, iss. 6, pp. 4-5, 2021.
BibTeX | Tags: European Economics
@article{novus,
title = {Investitionen steuern die Zukunft},
author = {Thomas Schwab},
editor = {Ebner Stolz},
year = {2021},
date = {2021-06-01},
urldate = {2021-06-01},
journal = {novus},
volume = {2021},
issue = {6},
pages = {4-5},
keywords = {European Economics},
pubstate = {published},
tppubtype = {article}
}
2018
Bräutigam, Rainer; Heinemann, Friedrich; Schwab, Thomas; Spengel, Christoph
Analyse der US-Steuerreform: Eine vbw Studie Technical Report
2018.
Abstract | Links | BibTeX | Tags: Tax
@techreport{us_tax_reform_vbw,
title = { Analyse der US-Steuerreform: Eine vbw Studie},
author = {Rainer Bräutigam and Friedrich Heinemann and Thomas Schwab and Christoph Spengel
},
editor = {vbw},
url = {https://ideas.repec.org/b/zbw/zewexp/196400.html
https://www.econstor.eu/bitstream/10419/196400/1/1663824541.pdf},
year = {2018},
date = {2018-10-01},
urldate = {2018-10-01},
abstract = {Die wichtigsten mit der US-Steuerreform verbundenen Effekte und Herausforderungen - Zum 01. Januar 2018 ist in den USA eine weitreichende Steuerreform in Kraft getreten, die auch für deutsche Unternehmen von hoher Relevanz ist. Die vorliegende Studie will einen Beitrag zu einem besseren Verständnis der umfangreichen Reformmaßnahmen schaffen. Es werden dazu zunächst qualitativ die wesentlichen Maßnahmen der kürzlich beschlossenen US-Steuerreform beschrieben. Unter Verwendung eines bewährten Modells zur Messung von Effektivsteuerbelastungen werden zusätzlich die Auswirkungen der US Steuerreform auf nationale und grenzüberschreitende Unternehmensinvestitionen quantitativ analysiert. Es ist zu betonen, dass die Auswirkungen der Reform zum derzeitigen Zeitpunkt noch nicht vollständig abgeschätzt werden können. Dies hat insbesondere mit der noch unsicheren Implementierung einzelner Reformmaßnahmen auf Ebene der Bundesstaaten zu tun. Diese verwenden zwar grundsätzlich die Regelungen des Bundes, können jedoch eigenständige Anpassungen vornehmen. Insgesamt verfolgen die USA durch die Steuerreform klar das Ziel, inländisches Steuersubstrat zu sichern und zugleich ausländisches Steuersubstrat anzuziehen, um die USA als Standort für Investitionen insgesamt zu stärken. [...]},
keywords = {Tax},
pubstate = {published},
tppubtype = {techreport}
}
Die wichtigsten mit der US-Steuerreform verbundenen Effekte und Herausforderungen - Zum 01. Januar 2018 ist in den USA eine weitreichende Steuerreform in Kraft getreten, die auch für deutsche Unternehmen von hoher Relevanz ist. Die vorliegende Studie will einen Beitrag zu einem besseren Verständnis der umfangreichen Reformmaßnahmen schaffen. Es werden dazu zunächst qualitativ die wesentlichen Maßnahmen der kürzlich beschlossenen US-Steuerreform beschrieben. Unter Verwendung eines bewährten Modells zur Messung von Effektivsteuerbelastungen werden zusätzlich die Auswirkungen der US Steuerreform auf nationale und grenzüberschreitende Unternehmensinvestitionen quantitativ analysiert. Es ist zu betonen, dass die Auswirkungen der Reform zum derzeitigen Zeitpunkt noch nicht vollständig abgeschätzt werden können. Dies hat insbesondere mit der noch unsicheren Implementierung einzelner Reformmaßnahmen auf Ebene der Bundesstaaten zu tun. Diese verwenden zwar grundsätzlich die Regelungen des Bundes, können jedoch eigenständige Anpassungen vornehmen. Insgesamt verfolgen die USA durch die Steuerreform klar das Ziel, inländisches Steuersubstrat zu sichern und zugleich ausländisches Steuersubstrat anzuziehen, um die USA als Standort für Investitionen insgesamt zu stärken. [...]Spengel, Christoph; Schmidt, Frank; Heckemeyer, Jost; Nicolay, Katharina; Ludwig, Christopher; Steinbrenner, Daniela; Bartholmeß, Alexandra; Bräutigam, Rainer; Buchmann, Peter; Bührle, Theresa; Casi, Elisa; Dutt, Verena; Fischer, Leonie; Harendt, Christoph; Schwab, Thomas; Stage, Barbara; Vay, Heiko; Werner, Ann-Catherin
Effective tax levels using the Devereux/Griffith methodology. Project for the EU Commission TAXUD/2018/DE/307: Intermediary report 2018 Technical Report
2018.
Abstract | Links | BibTeX | Tags: Tax
@techreport{effective_tax_dg_taxud_2018,
title = {Effective tax levels using the Devereux/Griffith methodology. Project for the EU Commission TAXUD/2018/DE/307: Intermediary report 2018},
author = {Christoph Spengel and Frank Schmidt and Jost Heckemeyer and Katharina Nicolay and Christopher Ludwig and Daniela Steinbrenner and Alexandra Bartholmeß and Rainer Bräutigam and Peter Buchmann and Theresa Bührle and Elisa Casi and Verena Dutt and Leonie Fischer and Christoph Harendt and Thomas Schwab and Barbara Stage and Heiko Vay and Ann-Catherin Werner},
editor = {European Commission, DG TAXUD},
url = {https://ideas.repec.org/b/zbw/zewexp/196398.html},
year = {2018},
date = {2018-10-01},
urldate = {2018-10-01},
abstract = {Ziel dieser Studie ist es, für die 28 EU-Staaten sowie die Schweiz, Norwegen, Republik Mazedonien, Türkei, USA, Kanada und Japan effektive Steuersätze zu ermitteln. Dabei stützt sich die Berechnung der inländischen und grenzüberschreitenden marginalen und durchschnittlichen Effektivsteuersätze auf den Ansatz von Devereux und Griffith. Neben der Unternehmensebene wird auch die Ebene der Anteilseigner erfasst. Der Studie stellt die Entwicklung der effektiven Steuersätze für den Zeitraum von 1998 bis 2018 dar.},
keywords = {Tax},
pubstate = {published},
tppubtype = {techreport}
}
Ziel dieser Studie ist es, für die 28 EU-Staaten sowie die Schweiz, Norwegen, Republik Mazedonien, Türkei, USA, Kanada und Japan effektive Steuersätze zu ermitteln. Dabei stützt sich die Berechnung der inländischen und grenzüberschreitenden marginalen und durchschnittlichen Effektivsteuersätze auf den Ansatz von Devereux und Griffith. Neben der Unternehmensebene wird auch die Ebene der Anteilseigner erfasst. Der Studie stellt die Entwicklung der effektiven Steuersätze für den Zeitraum von 1998 bis 2018 dar.Heinemann, Friedrich; Olbert, Marcel; Pfeiffer, Olena; Schwab, Thomas; Spengel, Christoph; Stutzenberger, Kathrin
Implications of the US Tax Reform for Transatlantic FDI Journal Article
In: Intereconomics, vol. 53, pp. 87-92, 2018.
Abstract | Links | BibTeX | Tags: European Economics, Tax
@article{nokey,
title = {Implications of the US Tax Reform for Transatlantic FDI},
author = {Friedrich Heinemann and Marcel Olbert and Olena Pfeiffer and Thomas Schwab and Christoph Spengel and Kathrin Stutzenberger},
url = {https://link.springer.com/article/10.1007/s10272-018-0727-6
https://ideas.repec.org/a/spr/intere/v53y2018i2d10.1007_s10272-018-0727-6.html},
doi = {10.1007/s10272-018-0727-6},
year = {2018},
date = {2018-04-13},
urldate = {2018-04-13},
journal = {Intereconomics},
volume = {53},
pages = {87-92},
abstract = {On 22 December 2017 President Trump signed the Tax Cuts and Jobs Act. This corporate tax reform can be considered the most significant amendment of the US corporate tax code since 1986. Besides the reduction of the corporate income tax rate from 35% to 21%, the Tax Cuts and Jobs Act entails features like a switch from worldwide income taxation to territorial taxation, as well as immediate deductions for certain assets. This leads to a substantial improvement for the US in global tax competition. In this paper, we analyse the effects of the US tax reform on FDI flows between Europe and the US. We find that European high-tax countries in particular will suffer from a net outflow of FDI.},
keywords = {European Economics, Tax},
pubstate = {published},
tppubtype = {article}
}
On 22 December 2017 President Trump signed the Tax Cuts and Jobs Act. This corporate tax reform can be considered the most significant amendment of the US corporate tax code since 1986. Besides the reduction of the corporate income tax rate from 35% to 21%, the Tax Cuts and Jobs Act entails features like a switch from worldwide income taxation to territorial taxation, as well as immediate deductions for certain assets. This leads to a substantial improvement for the US in global tax competition. In this paper, we analyse the effects of the US tax reform on FDI flows between Europe and the US. We find that European high-tax countries in particular will suffer from a net outflow of FDI.Bräutigam, Rainer; Heinemann, Friedrich; Schwab, Thomas; Spengel, Christoph; Stutzenberger, Kathrin
Internationaler Steuerwettbewerb: Bewertung, aktuelle Trends und steuerpolitische Schlussfolgerungen Technical Report
2018.
Abstract | Links | BibTeX | Tags: European Economics, Tax
@techreport{internationaler_steuerwettbewerb,
title = {Internationaler Steuerwettbewerb: Bewertung, aktuelle Trends und steuerpolitische Schlussfolgerungen},
author = {Rainer Bräutigam and Friedrich Heinemann and Thomas Schwab and Christoph Spengel and Kathrin Stutzenberger
},
editor = {Stiftung Familienunternehmen},
url = {https://ideas.repec.org/b/zbw/zewexp/196399.html},
year = {2018},
date = {2018-04-01},
urldate = {2018-04-01},
abstract = {Der internationale Steuerwettbewerb ist in den vergangenen Jahren zu einem kontroversen Thema der medialen und politischen Debatte geworden. Die Aufdeckung von vielfältigen Steuervermeidungsstrategien einer Reihe von multinationalen Unternehmen hat dabei deutlich werden lassen, dass diese Strategien auch durch die tatkräftige Mithilfe einzelner Staaten begünstigt wurden. Die mediale Debatte hat umfassende politische Aktivitäten zur Abwehr von als unfair empfundener Praktiken des Steuerwettbewerbs ausgelöst. Auch infolge der kürzlich beschlossenen US-Steuerreform hat das Thema Steuerwettbewerb nochmals an Bedeutung gewonnen: Vielfach herrscht die Einschätzung vor, dass die starke Senkung der Unternehmensteuer in der größten Volkswirtschaft der Welt eine neue Runde des Steuersenkungswettbewerbs auslösen könnte. Die vorliegende Studie verfolgt das übergreifende Ziel, die Entwicklung des Steuerwettbewerbs in seinen unterschiedlichen Formen aufzuzeigen und die Wirksamkeit steuerpolitischer Gegenmaßnahmen kritisch zu analysieren. Dazu bedarf es einer genauen Einordnung des Begriffs "Steuerwettbewerb". Ein weiterer Fokus liegt auf der Betroffenheit von Familienunternehmen sowie der Position Deutschlands im internationalen Steuerwettbewerb. Leitfragen der Analyse sind hier, inwieweit Deutschlands Steuerpolitik im neuen Umfeld noch wettbewerbsfähig ist und ob die auf multinationale Unternehmen ausgerichtete Abwehrgesetzgebung nicht zu unbeabsichtigten negativen Wirkungen auf Familienunternehmen führen könnte.},
keywords = {European Economics, Tax},
pubstate = {published},
tppubtype = {techreport}
}
Der internationale Steuerwettbewerb ist in den vergangenen Jahren zu einem kontroversen Thema der medialen und politischen Debatte geworden. Die Aufdeckung von vielfältigen Steuervermeidungsstrategien einer Reihe von multinationalen Unternehmen hat dabei deutlich werden lassen, dass diese Strategien auch durch die tatkräftige Mithilfe einzelner Staaten begünstigt wurden. Die mediale Debatte hat umfassende politische Aktivitäten zur Abwehr von als unfair empfundener Praktiken des Steuerwettbewerbs ausgelöst. Auch infolge der kürzlich beschlossenen US-Steuerreform hat das Thema Steuerwettbewerb nochmals an Bedeutung gewonnen: Vielfach herrscht die Einschätzung vor, dass die starke Senkung der Unternehmensteuer in der größten Volkswirtschaft der Welt eine neue Runde des Steuersenkungswettbewerbs auslösen könnte. Die vorliegende Studie verfolgt das übergreifende Ziel, die Entwicklung des Steuerwettbewerbs in seinen unterschiedlichen Formen aufzuzeigen und die Wirksamkeit steuerpolitischer Gegenmaßnahmen kritisch zu analysieren. Dazu bedarf es einer genauen Einordnung des Begriffs "Steuerwettbewerb". Ein weiterer Fokus liegt auf der Betroffenheit von Familienunternehmen sowie der Position Deutschlands im internationalen Steuerwettbewerb. Leitfragen der Analyse sind hier, inwieweit Deutschlands Steuerpolitik im neuen Umfeld noch wettbewerbsfähig ist und ob die auf multinationale Unternehmen ausgerichtete Abwehrgesetzgebung nicht zu unbeabsichtigten negativen Wirkungen auf Familienunternehmen führen könnte.Spengel, Christoph; Heinemann, Friedrich; Olbert, Marcel; Pfeiffer, Olena; Schwab, Thomas; Stutzenberger, Kathrin
Analysis of US corporate tax reform proposals and their effects for Europe and Germany. Final report: Update 2018 Technical Report
2018.
Abstract | Links | BibTeX | Tags: European Economics, Tax
@techreport{us_tax_reform_matax,
title = {Analysis of US corporate tax reform proposals and their effects for Europe and Germany. Final report: Update 2018},
author = {Christoph Spengel and Friedrich Heinemann and Marcel Olbert and Olena Pfeiffer and Thomas Schwab and Kathrin Stutzenberger
},
editor = {MaTax},
url = {https://ideas.repec.org/b/zbw/zewexp/181905.html},
year = {2018},
date = {2018-02-01},
urldate = {2018-02-01},
abstract = {Das Projekt befasst sich mit dem aktuellen Vorhaben zur Reform der Unternehmensbesteuerung in den USA. Wenngleich Details noch offen sind, zeichnen sich eine deutliche Steuersenkung sowie eine Abkehr der Besteuerung des Welteinkommens ab. Im Falle einer Umsetzung der Reform wird sich die Rolle der USA im globalen Steuerwettbewerb signifikant verbessern. Ziel des Projektes ist es deshalb die Auswirkungen auf Europa insbesondere vor dem Hintergrund der sich durch die Reform verändernden Anreize für grenzüberschreitende Investitionen zu untersuchen. Zudem werden die möglichen Folgen für die Wettbewerbsfähigkeit von Unternehmensstandorten und denkbare steuerpolitische Strategien für die EU beleuchtet.},
keywords = {European Economics, Tax},
pubstate = {published},
tppubtype = {techreport}
}
Das Projekt befasst sich mit dem aktuellen Vorhaben zur Reform der Unternehmensbesteuerung in den USA. Wenngleich Details noch offen sind, zeichnen sich eine deutliche Steuersenkung sowie eine Abkehr der Besteuerung des Welteinkommens ab. Im Falle einer Umsetzung der Reform wird sich die Rolle der USA im globalen Steuerwettbewerb signifikant verbessern. Ziel des Projektes ist es deshalb die Auswirkungen auf Europa insbesondere vor dem Hintergrund der sich durch die Reform verändernden Anreize für grenzüberschreitende Investitionen zu untersuchen. Zudem werden die möglichen Folgen für die Wettbewerbsfähigkeit von Unternehmensstandorten und denkbare steuerpolitische Strategien für die EU beleuchtet.2017
Weiss, Stefani; Heinemann, Friedrich; Berger, Melissa; Harendt, Christoph; Moessinger, Marc-Daniel; Schwab, Thomas
How Europe Can Deliver: Optimising the division of competences among the EU and its member states Technical Report
2017.
Abstract | Links | BibTeX | Tags: Bertelsmann Stiftung, European Economics, Federalism
@techreport{how_europe_can_deliver,
title = { How Europe Can Deliver: Optimising the division of competences among the EU and its member states},
author = {Stefani Weiss and Friedrich Heinemann and Melissa Berger and Christoph Harendt and Marc-Daniel Moessinger and Thomas Schwab
},
editor = {Bertelsmann Stiftung},
url = {https://www.bertelsmann-stiftung.de/de/publikationen/publikation/did/how-europe-can-deliver
https://ideas.repec.org/b/zbw/zewexp/179116.html},
year = {2017},
date = {2017-11-28},
urldate = {2017-11-28},
abstract = {The study was written in the context of Europe’s multiple crises. In the eyes of many voters, the performance of the EU has been disappointing in the aftermath of the economic and euro area debt crisis. The decision of the United Kingdom to leave the Union has drastically demonstrates this dissatisfaction. Against this background, the study aims to provide guidance for a better-performing EU through an improved division of competences between the European Union and its member states. The study shows were more integration would lead to a better provision of public goods and thereby to – hopefully - greater acceptance with the European citizens and where, in turn, member states would reach better results.
The case studies cover eight specific policies from a wide range of fields with respect to their preferable assignment. The comprehensive, quantification-based assessments indicate that it would be preferable to have responsibility for higher education and providing farmers with income support at the national level. Conversely, a shift of competences to the EU level would be advantageous when it comes to asylum policies, defence, corporate taxation, development aid and a (complementary) unemployment insurance scheme in the euro area. For one policy – railway freight transport – the findings are indeterminate.
Overall, the study recommends a differentiated integration strategy comprising both new European policies and a roll-back of EU competences in other fields.},
keywords = {Bertelsmann Stiftung, European Economics, Federalism},
pubstate = {published},
tppubtype = {techreport}
}
The study was written in the context of Europe’s multiple crises. In the eyes of many voters, the performance of the EU has been disappointing in the aftermath of the economic and euro area debt crisis. The decision of the United Kingdom to leave the Union has drastically demonstrates this dissatisfaction. Against this background, the study aims to provide guidance for a better-performing EU through an improved division of competences between the European Union and its member states. The study shows were more integration would lead to a better provision of public goods and thereby to – hopefully - greater acceptance with the European citizens and where, in turn, member states would reach better results.
The case studies cover eight specific policies from a wide range of fields with respect to their preferable assignment. The comprehensive, quantification-based assessments indicate that it would be preferable to have responsibility for higher education and providing farmers with income support at the national level. Conversely, a shift of competences to the EU level would be advantageous when it comes to asylum policies, defence, corporate taxation, development aid and a (complementary) unemployment insurance scheme in the euro area. For one policy – railway freight transport – the findings are indeterminate.
Overall, the study recommends a differentiated integration strategy comprising both new European policies and a roll-back of EU competences in other fields.2013
Kostal, Thomas; Schwab, Thomas
Zur Operationalisierung des Brechtschen Gesetzes: Bevölkerungszahl vs. Bevölkerungsdichte Journal Article
In: Das öffentliche Haushaltswesen in Österreich (ÖHW), vol. 54, pp. 33-43, 2013.
BibTeX | Tags: Federalism
@article{brecht_bachelor,
title = {Zur Operationalisierung des Brechtschen Gesetzes: Bevölkerungszahl vs. Bevölkerungsdichte},
author = {Thomas Kostal and Thomas Schwab},
year = {2013},
date = {2013-11-01},
urldate = {2013-11-01},
journal = {Das öffentliche Haushaltswesen in Österreich (ÖHW)},
volume = {54},
pages = {33-43},
keywords = {Federalism},
pubstate = {published},
tppubtype = {article}
}
Keuschnigg, Christian; Fortin, Ines; Schönpflug, Karin; Schuster, Phillip; Schwab, Thomas; Schwarzbauer, Wolfgang
Zur Besteuerung von Vermögen in Österreich Aufkommen, Verteilung und ökonomische Effekte Technical Report
2013.
@techreport{vermoegen_oesterreich,
title = {Zur Besteuerung von Vermögen in Österreich Aufkommen, Verteilung und ökonomische Effekte},
author = {Christian Keuschnigg and Ines Fortin and Karin Schönpflug and Phillip Schuster and Thomas Schwab and Wolfgang Schwarzbauer},
editor = {IHS Vienna for Austrian Chamber of Commerce},
url = {https://irihs.ihs.ac.at/id/eprint/2189/1/IHSPR6031081.pdf},
year = {2013},
date = {2013-02-01},
urldate = {2013-02-01},
keywords = {Tax},
pubstate = {published},
tppubtype = {techreport}
}
Research
2024
Quo Vadis, Cohesion Policy? European Regional Development at a Crossroads Journal Article
In: Intereconomics, vol. 59, no. 5, pp. 284-292, 2024.
Quo vadis, Cohesion Policy? European Regional Development at a Crossroads Working paper
2024.
2023
Energising EU Cohesion: Powering up lagging regions in the renewable energy transition Technical Report
2023.
The Impact of the Green and Digital Transition on Regional Cohesion in Europe Journal Article
In: Intereconomics, vol. 58, iss. 2, pp. 102-110, 2023.
2022
Handelssanktionen — Wirkungen und Nebenwirkungen [Trade Sanctions — Effects and Side Effects] Journal Article
In: Wirtschaftsdienst, vol. 102, iss. 5, pp. 354-360, 2022.
2021
Thinking outside the box: The cross-border effect of tax cuts on R&D Journal Article
In: Journal of Public Economics, vol. 204, 2021.
Cross-border effects of R&D tax incentives Journal Article
In: Research Policy, vol. 50, iss. 9, 2021.
Investitionen steuern die Zukunft Journal Article
In: novus, vol. 2021, iss. 6, pp. 4-5, 2021.
2018
Analyse der US-Steuerreform: Eine vbw Studie Technical Report
2018.
Implications of the US Tax Reform for Transatlantic FDI Journal Article
In: Intereconomics, vol. 53, pp. 87-92, 2018.
2017
2013
Zur Operationalisierung des Brechtschen Gesetzes: Bevölkerungszahl vs. Bevölkerungsdichte Journal Article
In: Das öffentliche Haushaltswesen in Österreich (ÖHW), vol. 54, pp. 33-43, 2013.
Zur Besteuerung von Vermögen in Österreich Aufkommen, Verteilung und ökonomische Effekte Technical Report
2013.