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In a simple model based on political support approach, we show that poor and less egalitarian societies may impose a lower tax rate contrary to the prediction of the median voter approach. This is consistent with the available empirical findings. In the framework developed in this paper, the...
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This paper is an analytical attempt to isolate and differentiate the concepts of "redistributive politics" and "corruption". Such analytical distinction helps us in understanding how redistributive politics can adversely affect the quality of public investment in a poor region. We highlight the...
Persistent link: https://www.econbiz.de/10014062520