The purpose of this study is to present a robust estimation of trade openness in four South East Asian countries—Indonesia, Malaysia, the Philippines, and Thailand—before and after the Asian financial crisis, using time series analysis. We use the co-integration technique with a...

This paper provides a framework to understand why a country might resort to a policy like an import ban when at risk from infectious disease outbreak overseas. Superior import-competing domestic production technologies, and over-reliance on taxing the public for government revenue, could lead to...

The contribution of trade openness in economic growth has been the subject of several theoretical and empirical studies in the economic literature. This paper analyzes the impact of trade openness on economic growth in the case of Tunisia using OLS method over the period 1975-2009. The results...

This paper aims to describe the evolution of the external risk in the United Kingdom between 1961 and 2008. We first present a theoretical description of the risk indicator. Then, we calculate this measure for the British economy in the period of study. In general, the results reveal a very...

This paper investigates the presence of buoyancy effects in VAT revenue. The projected improvement in economic conditions from 2014 onwards could result in cumulative gains in VAT revenue up to 0.70% of GDP in the period from 2014 to 2016. There is evidence that the intensification of VAT...

This paper studies the optimal taxation between luxury and necessity goods. We set up a three-production-sector neoclassical growth model with inelastic labor supply, and analyze the tax incidence. We find that the two consumption taxes are neutral to economic growth and that the welfare...

Applying difference-in-differences models on representative German survey data empirical evidence is given that the introduction of tuition fees in some German States reduced the propensity of high school graduates to enroll at a university and favored the vocational training option. The...

The aim of this short paper is to empirically test the key hypothesis of the ‘slippery slope' framework, namely: (1) trust (in) and power (of) tax authorities are both necessary to guarantee a high level of tax compliance; (2) the interaction between trust and power, as well as voluntary tax...

This paper estimates the short run effect of the Car Allowance Rebate System (or “Cash for Clunkers†on light vehicle sales within the United States. Using a reduced form demand model of automobiles, I find that the program led to increased sales in July and August, 2009 of between...

Over the past few years a large body of literature has studied the determinants of individual preferences for income equality and redistributive policies. In this paper, using data collected in 2005 by the World Values Survey (WVS), we specifically focus on the preferences expressed by Italians...