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Persistent link: https://www.econbiz.de/10005314190
This paper develops a two-sector model of a developing economy and examines the role of the informal sector in limiting the government's ability to increase tax revenues. A key feature is the introduction of auditing of the informal sector and degree of tax enforcement in that sector. We...
Persistent link: https://www.econbiz.de/10005314355
Persistent link: https://www.econbiz.de/10005365179
This paper analyzes the impact of an increase in the price of oil on a small developing economy. We consider the extent to which the impacts of oil price shocks depend upon the economy's internal production structure and its access to the world financial market, and find that the long-run impact...
Persistent link: https://www.econbiz.de/10008867082
Persistent link: https://www.econbiz.de/10005280534