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Understanding the "problem of economic development" : the role of factor mobility and international taxation

Author: Assaf Razin; Chi-Wa Yuen; National Bureau of Economic Research.
Publisher: Cambridge, MA : National Bureau of Economic Research, ©1999.
Series: Working paper series (National Bureau of Economic Research), working paper no. 7115.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Database:WorldCat
Summary:
Abstract: The problem of economic development, ' as Lucas (1988) states it, is the problem of accounting for the observed diversity in levels and rates of growth of per capita income across countries and across time. We study conditions under which capital mobility and labor mobility (two seemingly income-equalizing forces) may interact with cross-country differences in income tax rates and income tax principles  Read more...
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Additional Physical Format: Print version:
Razin, Assaf.
Understanding the "problem of economic development".
Cambridge, MA : National Bureau of Economic Research, ©1999
(OCoLC)41997862
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Assaf Razin; Chi-Wa Yuen; National Bureau of Economic Research.
OCLC Number: 647377395
Reproduction Notes: Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010. MiAaHDL
Description: 1 online resource (33, [1] pages).
Details: Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002.
Series Title: Working paper series (National Bureau of Economic Research), working paper no. 7115.
Other Titles: Problem of economic development
Responsibility: Assaf Razin, Chi-Wa Yuen.

Abstract:

Abstract: The problem of economic development, ' as Lucas (1988) states it, is the problem of accounting for the observed diversity in levels and rates of growth of per capita income across countries and across time. We study conditions under which capital mobility and labor mobility (two seemingly income-equalizing forces) may interact with cross-country differences in income tax rates and income tax principles (two seemingly income-diverging forces) to generate such diversity. As a corollary, we also examine when countries with different initial endowments may finally converge in their income levels.

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