This paper addresses the question of how firms react to tax incentives in a formula apportionment (FA) tax regime. Under FA, profits of all consolidated entities of a business group are summed and then allocated according to a formula based on FA factors. We hypothesize that firms may change the...

Resource-rich dictatorships are more inclined to repress civil society than others. In this paper, we identify a tradeoff between political rents from natural resources and the organizational density of civil society. This organizational density determines the extent to which citizens can...

Environmental impact assessment is currently the major Brazilian institution that routinely seeks community input about infrastructure projects. It is criticized both by activists who think it permits projects it should not and by project proponents who think that it is too slow and blocks...