Heterogeneous firms and the impact of government policy on welfare and informality

被引：4
|
作者：
Mendicino, Caterina [1 ]
Prado, Mauricio [2 ]
机构：
[1] Banco Portugal, Dept Econ Studies, P-1150012 Lisbon, Portugal
[2] Copenhagen Business Sch, Dept Econ, Copenhagen, Denmark
来源：
ECONOMICS LETTERS | 2014年 / 124卷 / 01期
关键词：
Firm heterogeneity; Production complementarity; Taxation; Enforcement; Regulation;
D O I：
10.1016/j.econlet.2014.04.018
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
We analyze the formality benefits through productivity-enhancing public goods. We document that: benefits from formality matter for firms' optimal decisions; there is a disconnect between the objectives of maximizing formality versus welfare; this disconnect is mitigated under higher formality benefits. (C) 2014 Elsevier B.V. All rights reserved.
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页码：151 / 156
页数：6
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