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While several studies have focused on the effect of natural resources on economic development, less attention has been paid to their effects on other development outcomes. We contribute to this literature by studying the impact of resource rents on fiscal capacity, i.e., the ability of states to...
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States' fiscal capacity plays a pivotal role in developing economies, but it is less clear what its determinants are or what explains cross-country differences. We focus on the impact of natural resources. Standard arguments suggest that natural resources rents may reduce incentives to invest in...
Persistent link: https://www.econbiz.de/10012165580
A central aspect of institutional development in developing economies is building tax systems capable of raising revenues from broad tax bases, i.e., fiscal capacity. While it is recognised that fiscal capacity is pivotal for state building and economic development, it is less clear what its...
Persistent link: https://www.econbiz.de/10012925555
A central aspect of institutional development in less developed economies is building tax systems capable of raising revenues from broad tax bases, i.e., fiscal capacity. While it is recognised in the literature that fiscal capacity is pivotal for state building and economic development, it is...
Persistent link: https://www.econbiz.de/10012935588
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There is a broad agreement that political and economic institutions matter for long-term development. Yet relatively little is known as to how to adopt good quality institutions and reform weak or poor institutions, for which one needs to know how institutions change. This paper provides a...
Persistent link: https://www.econbiz.de/10014563047
Differences in the quality of institutions may explain differences in per capita income. Yet, we know relatively little on how institutions evolve. This paper contributes to such knowledge by testing for convergence in legal, bureaucratic and administrative institutional quality. Using...
Persistent link: https://www.econbiz.de/10014147912