This paper develops a realistic, tractable theoretical model that can be used to investigate socially-optimal capital taxation. We present a dynamic model of savings and bequests with …
Using a nationwide county-level panel dataset for the years 1995–2009, this paper conducts the first analysis in the literature to examine the impacts of fiscal decentralization and fiscal …
There is extraordinary variation in how governments treat multinational corporations in emerging economies; in fact, governments around the world have nationalized or eaten …
The ʽresource curseʼ is the view that countries with extensive natural resources tend to suffer from a host of undesirable outcomes, including the weakening of state capacity …
J Hindriks, S Peralta, S Weber - Journal of public economics, 2008 - Elsevier
The paper considers a model of federation with two heterogeneous regions that try to attract the capital by competing in capital income taxes and public investment that enhance the …
G Jin, K Shen, J Li - China Economic Review, 2020 - Elsevier
Considering environmental pollution, excessive interjurisdictional competition has an adverse effect on green total factor productivity (GTFP), whereas moderate competition does …
M Wang - Environmental Science and Pollution Research, 2021 - Springer
The inefficient enforcement of environmental policies cannot address global environmental challenges. As a result, China's government has implemented the Central Environmental …
How does land institution affect economic growth? This paper proposes a simple model showing that, in an institution that land is owned and supplied by the state, local …
We investigate how intergovernmental ties at subnational levels between home and host countries influence the intensity and location of foreign direct investment (FDI) inflows. We …