Emmanuelle Auriol|Michael Warlters
Taxation base in developing countries
Institut d'Économie Industrielle|Toulouse School of Economics
informal sectors larger developing countries rich countries result higher fixed costs entry formal economy developing countries show raising barriers entry consistent deliberate government policy raising tax revenue generating market power hence rents permitted entrants market entry fees foster emergence large taxpayers rents readily confiscated government entry fees taxes profits low administrative cost relevance theory assessed sample 64 countries empirical analysis supports results paper