How has globalization affected the relative taxation of labor and capital, and why? To address this question we build … and analyze a new database of effective macroeconomic tax rates covering 150 countries since 1965, constructed by … combining national accounts data with government revenue statistics. We obtain four main findings: (1) The effective tax rates …

The economic changes associated with globalization tighten financial pressures on governments of high-income countries … by increasing the demand for government spending while making it more costly to raise tax revenue. Greater international … mobility of economic activity, and associated responsiveness of the tax base to tax rates, increases the economic distortions …

We show that agglomeration forces can reverse standard international-tax-competition results. Closer integration may … showing that the tax gap between rich and poor nations follows a bell-shaped path (Devereux, Griffith and Klemm 2002 …). Moreover, split-the-difference tax harmonization can make both nations worse off. This may help explain why tax harmonisation …

This paper catalogues policies that have been deployed by jurisdictions seeking to mitigate the effects of tax … competition. There are many instruments in this policy arsenal, since the tax base associated with a particular tax instrument may … outside the traditional realm of tax policy. This paper describes sixteen instruments that both federal and sub …

/rental ratios the world round between 1870 and 1940. The data offer a useful way to identify the impact of globalization on the pre …A Third World data base documenting commodity and factor prices 1870-1940 has been collected, yielding annual time …-industrial Third World. This paper finds commodity price convergence to have been bigger in the Third World than the Atlantic economy …

Some world historians attach globalization big bang' significance to 1492 (Christopher Colombus stumbles on the … important events in recorded history. Other world historians insist that globalization stretches back even earlier. There is a … third view which argues that the world economy was fragmented and completely de-globalized before the 19th century. None of …

correlated with the tax burden required to pay the debt. Asset inequality may reduce this home bias, and by increasing foreign …

for the United States but also with reference to the wider world. We establish the outlines of international integration a … century ago and analyze the institutional and informational impediments that prevented the late nineteenth century world from … achieving the same degree of integration as today. We conclude that the world today is different: commercial and financial …