Aizenman, Joshua; Jinjarak, Yothin - 2006
about 12% in developing countries between the early 1980s and the late 1990s, while the revenue/GDP of the hard to collectʺ … taxes increased by 16%. The relatively small initial base of hard to collectʺ taxes in developing countries implied a net 2 … collectʺ taxes, increasing the total tax/GDP. In contrast, the upper and low income developing countries experienced sizeable …