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accord well with the existent empirical evidence on the relationships between the level and growth rate of output, corruption …We develop a Ramsey type model of economic growth in which the “Engine of Growth” is public capital accumulation … to fund public capital accumulation or consume the resourses itself; that is engage in corruption. There is an …
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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 …
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-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 …
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