Do social security contributions subsidies reduce undeclared work?Evidence from korea

• 영문명: Do social security contributions subsidies reduce undeclared work?Evidence from korea
• 발행기관: 한국재정학회(구 한국재정·공공경제학회)
• 저자명: 김도형(Dohyung Kim)
• 간행물 정보: 『한국재정학회 학술대회 논문집』2017년도 경제학 공동학술대회, 1~19쪽, 전체 19쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2017.02.28

영문 초록

Using an administrative panel data on over 300,000 …rms in Korea, we examine the e¤ects of the subsidy program for social security contributions on the number of workers covered by the social security. Exploiting variations in location and size of …rms which a¤ected eligibility for the program, we implement a di¤erence-in-di¤erences (DD) and a di¤erence-in-di¤erence-in-di¤erences (DDD) estimation in order to identify the e¤ect of subsidies. Our DD estimates show that the subsidy program increased the number of covered workers by 1.34 percentage point while the DDD estimates indicate an increase in the number of covered workers by 0.71%. These estimates are smaller in size than those reported in previous studies implying massive deadweight losses from the subsidy program. The minimal e¤ects and large deadweight losses of the subsidy scheme may be explained by the design features of the subsidy program in Korea.

목차

1 Introduction

2 Social security contribution subsidies in Korea

3 Empirical strategy

4 Data

5 Results

키워드

Employment subsidies Deadweight loss Social security contributions Undeclared work