Abstract ‘Rentier capitalism’ is the term increasingly used to describe economies dominated by rentiers, rents, and rent-generating assets. A growing body of scholarship considers how ownership such assets individuals households reshaping patterns class inequality accordingly requires reconceptualisation latter phenomena. The significance company-owned corporate rents for class, their conceptua...

Many states in the US impose taxes on hazardous waste. This paper conducts an empirical evaluation of the determinants of these taxes and reviews earlier research on their effects on hazardous waste. Earlier studies have shown that the taxes affect waste management, but my results and other evidence suggest that the tax-induced changes may not have improved welfare. Taxes on industrial hazardou...

Abstract This paper proposes a framework of immigrant acceptance that accounts for both group-level and individual-level characteristics conducts novel test the cultural threat hypothesis. Immigrants’ individual traits are conceptualized as secondary to their identity-based claims. The empirical strategy leverages set survey experiments conducted in extreme rentier state Qatar, where naturaliza...

Welfare is traditionally understood through social security decommodifying labor markets or investment policies. In the domain of housing, however, welfare for homeowners largely hidden in tax codes’ fiscal exemptions. Based on a content analysis legislation, this paper introduces novel yearly database 37 countries between 1910 and 2020 to uncover “hidden state” taxes imputed rent, deductibilit...

This article examines the case of a risk-averse mining ¢rm facing a resource rent tax in order both to incorporate the role of the risk-sharing quality of such a tax and to assess its implications given a government's lease allocation system. The model develops the conditions required for an investment-neutral RRT characterised by a threshold rate of return …r† and a rate of tax …t† and suggest...

This paper estimates the role of both tax and non-tax determinants in the choice in Sweden to be a closely-held corporation vs. a proprietorship, using individual data for 2004 to 2008 on owners of closely-held businesses. While lower-income individuals face relatively neutral incentives, higher income individuals face strong tax incentives to be corporate. The data suggest a relatively strong ...

This paper aims to (a) calculate Devereux and Griffith’s (2003) forward-looking effective tax rates for 12 Asian countries over a span of 30 years, (b) show the impact of tax holidays on the effective tax rate in Asian countries, and (c) empirically explore the possibility of tax competition among Asian countries. Through relevant analyses, I arrive at three key conclusions. First, while small ...

Under the assumption of imperfect competition in a durable good industry, the present paper investigates the efficient regulation of solid waste which causes environmental damage at the end of the product’s life. It turns out that the second-best waste tax falls short of the marginal environmental damage if the producers rent their products but may also exceed the marginal damage if the produce...