@techreport{053cdf35da064a10be79e631edc50104,
title = "Tax credit, exports and regional disparity: Microevidence from Hungary",
abstract = "Hungary applied a generous corporate tax credit scheme for the 1998-2000 period. Over 40% of all manufacturing firms received subsidy by applying a deduction from its payable corporate tax. As the tax credit was related to investment, firms could use these funds to expand into foreign markets. Using a new firm level data from Hungary, with direct information on tax credit use, we investigate how this tax credit affected entry into exporting. We find that a firm is about 4% more likely to start exporting if it had received a tax credit. In terms of the policy{\textquoteright}s regional impact, we find that the impact of tax credit regarding export market entry is not strongly dependent on regional disparity.",
author = "G{\'a}bor B{\'e}k{\'e}s and P Harasztosi",
year = "2012",
language = "English",
series = "EFIGE Working paper ; 56.",
publisher = "European firms in a global economy (EFIGE)",
type = "WorkingPaper",
institution = "European firms in a global economy (EFIGE)",
}