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Nordic dual income taxation of entrepreneurs

Kanniainen, Vesa; Kari, Seppo; Ylä-Liedenpohja, Jouko - 2005

The paper shows how entrepreneurial taxes interact with the career choice of individuals, the quality of entrepreneurs, and their effort and investments. It is particularly relevant to differentiate the early effects on start-up enterprises with substantial uncertainty from the tax effects on...

Persistent link: https://www.econbiz.de/10010261388

Imperfect transmission of tacit knowledge and other barriers to entrepreneurship

Kanniainen, Vesa; Poutvaara, Panu - 2007

This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate … entrepreneurship. Third, inefficiencies in the transmission of tacit knowledge between generations of entrepreneurs can arise: with … access to within-family ownership transfer, the outside market for entrepreneurship operates as a lemon's market. This …

Persistent link: https://www.econbiz.de/10010264173

Arming in the Global Economy : The Importance of Trade with Enemies and Friends

Garfinkel, Michelle R. - 2019

We analyze how trade openness matters for interstate conflict over productive resources. Our analysis features a terms-of-trade channel that makes security policies trade-regime dependent. Specifically, trade between two adversaries reduces each one’s incentive to arm given the opponent’s...

Persistent link: https://www.econbiz.de/10012892081

On the Effects of Sanctions on Trade and Welfare : New Evidence Based on Structural Gravity and a New Database

Felbermayr, Gabriel J. - 2019

Using a new, global data base covering the years 1950 to 2015, we study the impact of sanctions on international trade and welfare. We make use of the rich dimensionality of our data and of the latest developments in the structural gravity literature. Starting with a broad evaluation by sanction...

Persistent link: https://www.econbiz.de/10012866418

Quantifying the Impact of Economic Sanctions on International Trade in the Energy and Mining Sectors

Larch, Mario; Shikher, Serge; Syropoulos, Constantinos; … - 2021

Capitalizing on the latest developments in the gravity literature, we utilize two new datasets on sanctions and trade to study the impact of economic sanctions on international trade in the mining sector, which includes oil and natural gas. We demonstrate that the gravity equation is well suited...

Persistent link: https://www.econbiz.de/10013246911

The Global Sanctions Data Base – Release 3 : COVID-19, Russia, and Multilateral Sanctions

Syropoulos, Constantinos; Felbermayr, Gabriel J.; … - 2022

This paper introduces the third update/release of the Global Sanctions Data Base (GSDB-R3). The GSDB-R3 extends the period of coverage from 1950-2019 to 1950-2022, which includes two special periods – COVID-19 and the war between Russia and Ukraine. The new update of the GSDB contains a total...

Persistent link: https://www.econbiz.de/10014241203

International Trade and Stable Resolutions of Resource Disputes

Garfinkel, Michelle R.; Syropoulos, Constantinos - 2022

We consider a dynamic setting in which two sovereign states with overlapping ownership claims on a resource/asset ﬁrst arm and then choose whether to resolve their dispute violently through war or peacefully through settlement. Both approaches depend on the states’ military capacities, but...

Persistent link: https://www.econbiz.de/10014243081

Trade, Insecurity, and the Costs of Conflict

Garfinkel, Michelle R.; Skaperdas, Stergios; … - 2022

Typically, economics assumes that property rights over productive resources or goods are perfectly defined and costlessly enforced. The costs of insecurity and the resultant conflict are, however, real and often economically significant. In this paper, we examine how international trade regimes...

Persistent link: https://www.econbiz.de/10014243087

Global Innovation Contests

Dinopoulos, Elias; Syropoulos, Constantinos; … - 2023

outsourcing of investment services. Globalization, captured by a move from autarky to the integrated-world equilibrium, leads to …

Persistent link: https://www.econbiz.de/10014262950

Tax neutrality: illusion or reality?: the case of entrepreneurship

Kanniainen, Vesa; Panteghini, Paolo M. - 2008

This paper shows that taxes which are understood to be neutral with respect to the marginal investment decisions may be distortionary with respect to entrepreneurial decisions. In particular, we apply an intertemporal model to show that a comprehensive income tax is distortionary unless all...

Persistent link: https://www.econbiz.de/10010276142