countries engage in asymmetric trade. We obtain explicit links between persistent gaps in productivity growth and the incentives … subsidize hinges on slower productivity growth and is disconnected from the importers' incentive to tax resource inflows i ….e., rent extraction. Moreover, faster productivity growth exacerbates the im- porters' incentive to tax, beyond the rent …

empirically-consistent model of endogenous growth, we obtain explicit links between persistent gaps in productivity growth and the … subsidize hinges on slower productivity growth and is disconnected from the typical incentive of importers to tax resource …

constant despite structural gaps in productivity growth rates. This stylized fact is analyzed in a two-country model where … resource-poor (Home) and resource-rich (Foreign) economies display productivity differences but stable income shares due to … rent-transfer mechanism. In Foreign, subsidies (taxes) on domestic oil use improve welfare if R&D productivity is lower …

assess the quantitative effect of incomplete tax enforcement on aggregate output and productivity using a dynamic general … improvements. Under complete enforcement, labor productivity and output would be 19% higher under perfect competition and 34 …