Research

Publications

Indecent proposals: Estimating the impact of regional state aid through EU guideline compliance
with Jo Reynaerts, Regional Science and Urban Economics (2020), vol. 82. WP version.

Regional Competitiveness and High-Growth Firms in the EU: the Creativity Premium
with Leo Sleuwaegen, Applied Economics (2020), 52(22), pages 2325-2338. WP version.

Working Papers

The Impact of Local Property Taxation on Firm Growth and Location: Evidence from Flanders

ABSTRACT: Determinants of firm growth and location patterns are many and often unobserved. The influence of local taxation is likely to be dominated by other factors, whose variation over time and space may well be correlated with local tax setting behaviour. In this paper, we set out from this observation to causally identify the effect of large property tax shocks on firm growth and location decisions. By zooming in on firms and entrants clustered near municipal borders, local pull and push factors are accounted for through spatial differencing. This identification approach is enhanced by instrumental variables and by taking into account previously overlooked place-based policy and local public investment, shown to otherwise bias the property tax effect. Nevertheless, the results provide strong evidence for a negative impact of property taxation on firm growth and entry.

Work in Progress

  • Taxation, Turnout and Public Policy: Evidence from the Dual Income Tax Reform
  • Internal Migration in Finland: the Effect of Intergovernmental Fiscal Transfers (with Teemu Lyytikäinen)
  • The Political Economy of Urban Planning and Permit Policy (with Geert Goeyvaerts & Jakob Vanschoonbeek)
  • Urban Development in the Long run (with Geert Goeyvaerts, Jakob Vanschoonbeek & Vincent Delabastita)
  • Identifying Local Fiscal Interaction: Evidence from a Finance Reform in Flanders (with Lorenz Fischer)
  • The Role of Fiscal Interest in Local Policy: Evidence from a Tax Base Reform (with Willem Sas)
  • Distributional Effects of Macroprudential Measures: Evidence from Finland’s LTC reform (with Essi Eerola & Teemy Lyytikäinen)
  • Impact of the EU ETS and compensation schemes on environmental and economic performance: a plant level study for Flanders (with Jo Reynaerts and Jakob Vanschoonbeek)

General Audience

  • Ramboer, S. and Reynaerts, J. (2018). Onroerende voorheffing remt groei bedrijven af. VIVES Briefing 2018/03. Leuven: Research Centre for Regional Economics.
  • Ramboer, S. and Reynaerts, J. (2017). De invloed van de onroerende voorheffing op ondernemingsgroei. STORE 2017/12. Leuven: Policy Research Centre Economics and Entrepreneurship.
  • Ramboer, S. and Reynaerts, J. (2017).  Staatshervorming goed voor Vlaamse werkloosheid? VIVES Briefing 2017/02. Leuven: Research Centre for Regional Economics.
  • Ramboer, S. and Sleuwaegen, L. (2016). Regionale determinanten van hoge-groei-ondernemingen.  VIVES Briefing 2016/03. Leuven: Research Centre for Regional Economics.
  • Ramboer, S. and Sleuwaegen, L. (2015). Het belang van de strategische context voor de ontwikkeling van Hoge Groei Ondernemingen.  STORE 2015/12. Leuven: Policy Research Centre Economics and Entrepreneurship.
  • Ramboer, S. (2015). Fiscal interest in Flanders: The impact of tax autonomy on productive expenditureDocumentatieblad, 75(1), pp. 75-122.