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results suggest that tax revenue benefits to firm growth in developing countries, especially in low-income countries and lower … to be sample dependent. We also provide evidence that the positive effect of taxation on firm growth falls significantly … when corruption is too pervasive, and when the origin of tax revenue origin reduces government accountability. Lastly, our …
Persistent link: https://www.econbiz.de/10011540215
-shaped or downward-sloping pattern. Corruption may affect this relationship in two distinct ways: by raising pollution at given … corruption on pollution. The indirect effect via income is positive or negative depending on the income level. If negative, the … corruption. Because this relationship is particularly strong at low income levels, developing countries can considerably improve …
Persistent link: https://www.econbiz.de/10011438821
Persistent link: https://www.econbiz.de/10010410842
We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes … above them, the economy will achieve perpetual growth. …
Persistent link: https://www.econbiz.de/10011450277
reduce the growth rate of the public capital stock. We also show that, in the interior equilibrium, the private asset can …
Persistent link: https://www.econbiz.de/10011450350
A new line of theoretical and empirical literature emphasizes the pivotal role of fair institutions for growth. We … dramatic drop in cooperation (and growth), when inequality is increased by a selfserving dictator. No such effect is observed … adverse growth effect of the interaction between the degree and the genesis of inequality. We conclude that economies giving …
Persistent link: https://www.econbiz.de/10011404315
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public infrastructure was a key driver of productivity growth in South Asia. Going forward, higher public infrastructure … spending can raise growth, but its benefits depend on how it is financed and managed. Model simulations show that tax financing … borrowing through financial markets because they support growth while containing the impact on public debt. However, the optimal …
Persistent link: https://www.econbiz.de/10012613693
growth of all firms, particularly micro and small firms. On the other hand, corruption and poor access to infrastructure …, business regulations, corruption, and to a lesser extent, infrastructure bottlenecks in explaining patterns of job creation at …-linearities in their impact on employment growth. The results suggest strong composition effects: A weak business environment shifts …
Persistent link: https://www.econbiz.de/10003776384
Persistent link: https://www.econbiz.de/10003916561