| 来源类型 | Journal Publication |
| 规范类型 | 其他 |
| Political institutions and the governmental burden on businesses | |
| Weifeng Zhong; Ruiqing Zhong | |
| 发表日期 | 2018-05-18 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | Abstract Businesses are burdened by government through corporate taxes and bureaucratic procedures. We interpret these two channels as tools for raising revenues and study, theoretically and empirically, how different political institutions rely on these tools. We establish two stylized facts: the degree of democracy has inverted-U relationships with both the bureaucratic and tax burdens. We match these facts with a dynamic political–economic model of fiscal policy where revenues are raised through the burden on businesses and the returns to public capital, and where the degree of democracy is modeled as the limit on the appropriation of capital by misbehaving politicians. Read the full publication. Read the working paper version. |
| 主题 | Political Economy ; Public Economics |
| 标签 | corporate taxes ; Corruption ; Democracy |
| URL | https://www.aei.org/research-products/journal-publication/political-institutions-and-the-governmental-burden-on-businesses-2/ |
| 来源智库 | American Enterprise Institute (United States) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/209185 |
| 推荐引用方式 GB/T 7714 | Weifeng Zhong,Ruiqing Zhong. Political institutions and the governmental burden on businesses. 2018. |
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