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Does progressivity always lead to progress? : the impact of local redistribution on tax manipulation

Giommoni, Tommaso - 2019

local politicians to be strategic leading to higher tax manipulation, in the form of political budget cycle. We exploit an … to larger manipulation than the moderate ones. Second, we exploit the fact that income concentration level is a valid …, we show that manipulation is rewarding from an electoral point of view. These results reveal a negative side of …

Persistent link: https://www.econbiz.de/10011996184

Politics and trade policy : an empirical investigation

Eicher, Theo S.; Osang, Thomas - 2001

In this paper we examine the empirical relevance of three prominent endogenous protection models. Is protection for sale, or do altruistic policy makers worry about political support? We find strong evidence that protection is indeed for sale. The important new result is, however, that not only...

Persistent link: https://www.econbiz.de/10011397792

Nature, power, and growth

Thorvaldur Gylfason - 2001

This essay reviews the relationship between natural-resource abundance and economic growth around the world, and presents some new results. The principal reasons why resource-based production can inhibit economic growth over long periods are traced to the Dutch disease, neglect of education,...

Persistent link: https://www.econbiz.de/10011397924

The sources of protectionist drift in representative democracies

Laussel, Didier; Riezman, Raymond Glenn - 2001

We analyze a two country-two good model of international trade in which citizens in each country differ by their specific factor endowments. The trade policy in each country is set by the politician who has been elected by the citizens in a previous stage. Due to a delegation effect citizens...

Persistent link: https://www.econbiz.de/10011398023

Political yardstick competition, economic integration, and constitutional choice in a federation

Bodenstein, Martin; Ursprung, Heinrich W. - 2001

This paper investigates the behavior of rent-seeking politicians in an environment of increasing economic integration. The focus of the paper is on the implications of globalization-induced political yardstick competition for constitutional design with a view to the current discussion in the...

Persistent link: https://www.econbiz.de/10011398918

Estate and capital gains taxation : efficiency and political economy consideration

Aura, Saku - 2004

In this paper a simple dynastic overlapping-generations model with homogeneous agents is used to analyze the optimal use of capital income tax, labor income tax and estate tax. The results of this analysis add to the conventional wisdom about capital income taxation: while it is true that in the...

Persistent link: https://www.econbiz.de/10011399186

Voting and popularity

Kirchgässner, Gebhard - 2016

For about 45 years, vote and popularity functions have been estimated for many countries indicating that voting intentions as well as actual votes are influenced by economic development. The economy is, of course, not the only and probably not always the most important factor, but there is no...

Persistent link: https://www.econbiz.de/10011561203

The political economy of redistribution policy

Bellani, Luna; Ursprung, Heinrich W. - 2016

We review the literature on the public choice approach to explaining redistribution policies. The focus is on policies that are pursued with the sole reason to redistribute initial endowments. Moreover, we restrict ourselves to redistribution in democracies. In democratic settings, generic...

Persistent link: https://www.econbiz.de/10011565576

Political preferences for redistribution in Sweden

Bastani, Spencer; Lundberg, Jacob - 2016

We examine preferences for redistribution inherent in Swedish tax policy 1971-2012 using the inverse optimal tax approach. The income distribution is carefully characterized with the help of administrative register data and we employ behavioral elasticities reflecting the perceived distortionary...

Persistent link: https://www.econbiz.de/10011566489

The limits of political compromise : debt ceilings and political turnover

Cunha, Alexandre B.; Ornelas, Emanuel - 2017

We study the desirability of limits on the public debt and of political turnover in an economy where incumbents have an incentive to set public expenditures above the socially optimal level due to rent-seeking motives. Parties alternate in office and cannot commit to future policies, but they...

Persistent link: https://www.econbiz.de/10011645975