Dharmapala, Dhammika; Hines Jr., James R. - In: Journal of Public Economics 93 (2009) 9-10, pp. 1058-1068
This paper analyzes the factors influencing whether countries become tax havens. Roughly 15% of countries are tax havens; as has been widely observed, these countries tend to be small and affluent. This paper documents another robust empirical regularity: better-governed countries are much more...