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paper puts to rest some objections to labor surplus theory based on "red herrings" and then addresses the substantive …
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Poorer countries have a much smaller public sector and correspondingly a smaller tax burden than richer countries, yet, their economic performance has not been necessarily better. Using a simple model, this paper suggests that the growth and welfare effects of taxation are mediated through...
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on border effects in domestic and international trade. Our theory shows that larger countries are systematically … effects. We test our theory on domestic and international trade flows at the level of U.S. states. Our results confirm the …Trade data are typically reported at the level of regions or countries and are therefore aggregates across space. In …
Persistent link: https://www.econbiz.de/10011458028
Using state-level data on productive and unproductive entrepreneurship, shadow economy size, and public official corruption, this paper examines whether formal sector productive (unproductive) entrepreneurial activity is associated with lower (higher) levels of informal economic activity....
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