Trade Credit and Taxes

Trade and Carbon Taxes

Revised Draft TAXES AND TRADE

This paper discusses the interactions between appropriate tax design and international trade, emphasizing issues for developing countries. It sets out the impacts of various taxes on trade and overall economic performance, delineating these effects into those from explicitly trade related taxes (such as tariffs), and the wider set of non trade related taxes such as income, corporate, sales and ...

Cap-and-Trade, Emissions Taxes, and Innovation

Emissions taxes and carbon caps can both lead to e cient production of energy, in the sense of controlling carbon emissions to the extent that is e cient with existing technologies. However, the regulatory policy has a second objective, which is to create incentives to develop lower-carbon technologies. With both objectives in mind, does one policy dominate the other? I address this question in...

Trade implications of environmental taxes

Bargaining Power and Trade Credit

This paper investigates how the supplier’s bargaining power affects trade credit supply. We use a novel firm-level database of Chinese firms with unique information on the amount, terms, and payment history of trade credit extended to customers and detailed information on product market structure and clients-supplier relationships. We document that suppliers with weak bargaining power towards t...