2026-04-05T12:43:52Zhttps://recercat.cat/oai/request

oai:recercat.cat:2445/1346202025-11-20T10:16:23Zcom_2072_1057col_2072_478809col_2072_478917

Relocation of the rich: Migration in response to top tax rate changes from spanish reforms Agrawal, David R. Foremny, Dirk Riquesa Distribució (Teoria econòmica) Política migratòria Administració fiscal Wealth Distribution (Economic theory) Migration policy Tax administration and procedure A Spanish reform granted regions the authority to set income tax rates, resulting in substantial tax differentials. Using administrative data, conditional on moving, taxes have a significant effect on location choice. A one percent increase in the net-of-tax rate for a region relative to others increases the probability of moving to that region by 1.7 percentage points. We estimate an elasticity of the number of top taxpayers with respect to net-of-tax rates of 0.85. The mechanical increase in tax revenue due to higher tax rates is larger than the loss in tax revenue from the net out-flow of migration. 2019-06-05T10:59:36Z 2020-05-31T05:10:24Z 2019-05 2019-06-05T10:59:36Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Reproducció del document publicat a: https://doi.org/10.1162/rest_a_00764 The Review of Economics and Statistics, 2019, vol. 101, num. 2, p. 214-232 https://doi.org/10.1162/rest_a_00764 (c) The MIT Press, 2019 info:eu-repo/semantics/openAccess The MIT Press Articles publicats en revistes (Economia)