title: The consequences of fiscal load increase for entrepreneurship: Difference-in-differences approach
metadata.name: dc.contributor.author
metadata.value: Zazdravnykh, Evguenii A.
metadata.lang: -
metadata.name: dc.date.accessioned
metadata.value: 2021-03-03T13:13:46Z
metadata.lang: -
metadata.name: dc.date.available
metadata.value: 2021-03-03T13:13:46Z
metadata.lang: -
metadata.name: dc.date.issued
metadata.value: 2020-12
metadata.lang: -
metadata.name: dc.identifier.citation
metadata.value: Zazdravnykh E. A. (2020) The consequences of fiscal load increase for entrepreneurship: Difference-in-differences approach. St Petersburg University Journal of Economic Studies, vol. 36, iss. 4, pp. 579–600.
metadata.lang: en_GB
metadata.name: dc.identifier.other
metadata.value: https://doi.org/10.21638/spbu05.2020.402
metadata.lang: -
metadata.name: dc.identifier.uri
metadata.value: http://hdl.handle.net/11701/25078
metadata.lang: -
metadata.name: dc.description.abstract
metadata.value: This study investigates the effect of a twofold rise in fixed payments on sole-proprietors and
  entrepreneurial activity in 2013 and a twofold decline in these payments in 2014. The paper
  considers consequences of this decision for various facets of entrepreneurship: the presence
  of small and medium enterprises in an economy, the new business entries, and employment
  in small and medium enterprises. To find a solution to this problem, we use a difference-indifferences
  method of policy evaluation. Results of this analysis show that because of a sharp
  rise in fixed payments, the number of sole-proprietors increased and there was a dramatic fall
  in the number of new businesses. In addition, employment in small and medium firms also
  decreased by this decision to raise payments. The decrease in fixed payment in 2014 could not compensate for the negative effects of the previous year among small businesses. Despite
  various measures to support entrepreneurship, new business entries continued to decline, although
  the speed of this decline decreased after 2013. Thus, the decrease in fixed payments
  became an incentive to compensate only some decrease over 2013. The results show that entrepreneurs
  have a very rapid response to fiscal load increase and have a slow response to
  decreases in taxation.
metadata.lang: en_GB
metadata.name: dc.language.iso
metadata.value: ru
metadata.lang: en_GB
metadata.name: dc.publisher
metadata.value: St Petersburg State University
metadata.lang: en_GB
metadata.name: dc.relation.ispartofseries
metadata.value: St Petersburg University Journal of Economic Studies;Volume 36; Issue 4
metadata.lang: -
metadata.name: dc.subject
metadata.value: sole-proprietorship
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: difference-in-differences method
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: fixed payments
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: taxes
metadata.lang: en_GB
metadata.name: dc.subject
metadata.value: entrepreneurship
metadata.lang: en_GB
metadata.name: dc.title
metadata.value: The consequences of fiscal load increase for entrepreneurship: Difference-in-differences approach
metadata.lang: en_GB
metadata.name: dc.type
metadata.value: Article
metadata.lang: en_GB
resources.filename: 579-600.pdf
resources.url: https://dspace.spbu.ru/bitstream/11701/25078/1/579-600.pdf
resources.format: Adobe PDF
resources.size: 708,9 kB