National Bureau of Economic Research · 2004 · 18 citations · 15 references
Public AffairsRegulatory PolicyAdministrative DiscretionFiscal PolicyTaxationComparative Legislative DraftingTreaty DraftingDeadweight Loss Of TaxationFixed Administrative CostsFixed Cost DriversFixed Cost FunctionsMilitary ConscriptionMilitary LawVariable Administrative Costs
We examine the practice of military conscription around the world from the perspective of two standard theories, and a new one, which emphasizes the fixed cost of introducing and administering the draft as a deterrent to its use. We find that, holding the relative size of the military constant, higher population countries are more likely to use the draft. We also find that French legal origin countries, which we see as facing lower fixed and variable administrative costs, are more likely to draft than are common law countries. Conscription does not seem to be influenced by democracy, and is influenced by the deadweight costs of taxation only in countries with very large militaries.
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Legal Determinants of External Finance
Florencio López‐de‐Silanes, Andrei Shleifer, Robert W. Vishny · The Journal of Finance · 1997 · 10K citations · Full text
Business, Finance, Financial Law +11
Legal Determinants of External Finance
Florencio Lopez-de-Silanes, Andrei Shleifer, Robert W. Vishny · The Journal of Finance · 1997 · 2.3K citations
Business, Finance, Financial Law +11