摘要：We study the impact of local taxation on the location and growth of firms. Our
empirical methodology pairs establishments across jurisdictional boundaries to
estimate the impact of taxation. Our approach improves on existing work as it
corrects for unobserved establishment heterogeneity, for unobserved time-varying
site specific effects, and for the endogeneity of local taxation. Applied to
data for English manufacturing establishments we find that local taxation has a
negative impact on employment growth, but no effect on entry.
