Heterogeneous Firms and the Impact of Government Policy on Welfare and Informality

Caterina Mendicino; Mauricio Prado

doi:10.1016/j.econlet.2014.04.018

Heterogeneous Firms and the Impact of Government Policy on Welfare and Informality

Caterina Mendicino, Mauricio Prado

Økonomisk Institut

Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › peer review

Abstract

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.

Originalsprog	Engelsk
Tidsskrift	Economics Letters
Vol/bind	124
Udgave nummer	1
Sider (fra-til)	151-156
ISSN	0165-1765
DOI	https://doi.org/10.1016/j.econlet.2014.04.018
Status	Udgivet - 2014

Emneord

Firm heterogeneity
Production complementarity
Taxation
Enforcement
Regulation

Adgang til dokumentet

10.1016/j.econlet.2014.04.018

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Citationsformater

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abstract = "We analyze the formality benefits through productivity-enhancing public goods. We document that: benefits from formality matter for firms{\textquoteright} optimal decisions; there is a disconnect between the objectives of maximizing formality versus welfare; this disconnect is mitigated under higher formality benefits.",

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KW - Taxation

KW - Enforcement

KW - Regulation

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