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Economists generally assume the existence of sufficient institutions to sustain a market economy and tax the citizens … "economic institutions", which in turn reflect past investments in legal and fiscal state capacity. We study the economic and … wars, as well as political stability and inclusive political institutions, are conducive to building state capacity …
Persistent link: https://www.econbiz.de/10005662311
The central question in taxation and development is: "how does a government go from raising around 10% of GDP in taxes to raising around 40%"? This paper looks at the economic and political forces that shape the way that fiscal capacity is created and sustained. As well as reviewing the...
Persistent link: https://www.econbiz.de/10011083455
or internal to the state? When are large states associated with higher income levels and growth rates than small states …
Persistent link: https://www.econbiz.de/10005036244
This chapter develops a unified analytical framework, drawing on and extending the existing literature on the subject, for studying the role of property rights in economic development. It addresses two fundamental and related questions concerning the relationship between property rights and...
Persistent link: https://www.econbiz.de/10005067522
us to interpret the empirical observation that growth volatility is lower in countries with strong executive constraints …. We ?t the model to growth data and use our estimates to describe the heterogeneity in performance of weak and strong …
Persistent link: https://www.econbiz.de/10011145430