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There is an extensive literature on the impact of nonrenewable natural resources (NNR) in the fiscal performance of countries. Overall, with few exceptions, the studies suggest an inverse relationship between these two variables. According to the IDB (2013), the presence of NNR can lead to the...
Persistent link: https://www.econbiz.de/10011483154
Mobility of high income individuals across borders puts pressure on governments to lower taxes. A central tenet of the underlying theoretical and empirical models is that mobile individuals react to tax differentials through migration, and in turn immobile households vote for lower taxes in the...
Persistent link: https://www.econbiz.de/10012317332
competition framework with wage rigidities. Despite the fact that also lump-sum taxation is available for regional governments …
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In this paper we examine if Slovak retail gasoline and diesel prices respond more quickly when crude oil price rises rather than when it decreases. The error correction model with irreversible behaviour of explanatory variables is considered to be basic tool for the analysis of asymmetric retail...
Persistent link: https://www.econbiz.de/10012214944
resources not only affects the international resource market, but also the international capital market, taxation is more …
Persistent link: https://www.econbiz.de/10012286334
Between June 24 and September 13, 2009 the Agriculture Commission of the Romanian Parliament conducted an inquiry into the state of land reclamation works in Romania. The main objectives were: rehabilitation and maintenance works, the exploitation of the works, the way in which the financial...
Persistent link: https://www.econbiz.de/10012055104
The present paper aims to explore the contribution and implications of Romania to the development of the Danube region over the years, focusing on the interactions between internal and international factors. From the analyzed ones, we can affirm the fact that the internal factors play a...
Persistent link: https://www.econbiz.de/10012214280