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作者

Charles Swenson

来源

ECONOMIC DEVELOPMENT QUARTERLY,Vol.0,Issue.0

语言

英文

关键字

作者单位

Corresponding Author:Professor and Leventhal Research Fellow, Marshall School of Business, University of Southern California, Los Angeles, CA 90089,[email protected], Tel: 213.740.4854

摘要

Tourist taxes are an important source of revenue for many governments. In the United States, all states impose them in the form of hotel/motel occupancy taxes, yet there is little ex post evidence as to whether such taxes affect occupancy rates. This study uses a precise establishment-level data source to examine California's varying rates by city, enabling powerful tests. The author finds that such taxes have negligible impacts on hotel sales and employment. On the other hand, hotels/motels operating in higher tax-rate cities tended to have more financial stress in terms of lower Dun and Bradstreet credit ratings.