Executive Summary: Public Economics and Taxation

"China's 2009 VAT Reform and Lumpy Investment" (opens in new tab)

Article by Zhao Chen et al.

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Originally posted on January 13, 2020.

Chen et al. discuss the ramifications of China's 2009 VAT reform for investment.

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Citation for the full article:

Chen, Z, X Jiang, Z, Liu, J C S, Serrato and D Xu (2019), “Tax Policy and Lumpy Investment Behavior: Evidence from China’s VAT Reform”, NBER Working Paper 26336.

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