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Impact of VAT Reform on Swedish Restaurants: A Synthetic Control Group Approach
Sveriges Apoteksförening, Sweden.
Linnéuniversitetet, Ekonomihögskolan (FEH), Institutionen för nationalekonomi och statistik (NS).
Tillväxtanalys, Sweden.
2020 (engelsk)Inngår i: Scandinavian Journal of Economics, ISSN 0347-0520, E-ISSN 1467-9442, Vol. 122, nr 2, s. 824-850Artikkel i tidsskrift (Fagfellevurdert) Published
Abstract [en]

In this paper, we investigate the impact on firms of the value added tax (VAT) reform that took effect in Sweden on 1 January 2012 for restaurant and catering services. Unlike previous research, we use a synthetic control group approach to construct our counterfactual. Our analysis shows that the VAT reduction had a positive effect on turnover, total wages, employment, profit margins, and net entry of firms. The effects of the reform tend to decrease over time. In all, the results point to an overall better performance for the restaurant industry compared with what it would have been in absence of the reform.

sted, utgiver, år, opplag, sider
John Wiley & Sons, 2020. Vol. 122, nr 2, s. 824-850
Emneord [en]
Control group, impact, restaurant industry, VAT reduction
HSV kategori
Forskningsprogram
Ekonomi, Nationalekonomi
Identifikatorer
URN: urn:nbn:se:lnu:diva-88798DOI: 10.1111/sjoe.12340ISI: 000479535000001Scopus ID: 2-s2.0-85082143725OAI: oai:DiVA.org:lnu-88798DiVA, id: diva2:1346696
Tilgjengelig fra: 2019-08-28 Laget: 2019-08-28 Sist oppdatert: 2021-05-07bibliografisk kontrollert

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