NDLI: Risk, Transaction Costs, and Tax Assignment: Government Finance in the Ottoman Empire

Please wait, while we are loading the content...

Risk, Transaction Costs, and Tax Assignment: Government Finance in the Ottoman Empire

Content Provider	Scilit
Author	Cosgel, Metin M. Miceli, Thomas J.
Copyright Year	2005
Description	Risk and transaction costs often provide competing explanations of institutional outcomes. In this article we argue that they offer opposing predictions regarding the assignment of fixed and variable taxes in a multi-tiered governmental structure. Although the central government can pool regional risks from variable taxes, local governments can measure variable tax bases more accurately. Evidence on tax assignment from the mid-sixteenth-century Ottoman Empire supports the transaction cost explanation, suggesting that risk matters less because insurance can be obtained in a variety of ways.
Related Links	https://media.economics.uconn.edu/working/2003-04.pdf https://www.cambridge.org/core/services/aop-cambridge-core/content/view/5AA95B1E7B317B5AD62A1A994D30CDE9/S002205070500029Xa.pdf/div-class-title-risk-transaction-costs-and-tax-assignment-government-finance-in-the-ottoman-empire-div.pdf
Ending Page	821
Page Count	16
Starting Page	806
ISSN	00220507
e-ISSN	14716372
DOI	10.1017/s002205070500029x
Journal	The Journal of Economic History
Issue Number	03
Volume Number	65
Language	English
Publisher	Cambridge University Press (CUP)
Publisher Date	2005-09-01
Access Restriction	Open
Subject Keyword	The Journal of Economic History History and Philosophy of Science Transaction Cost Transaction Costs Public Finance
Content Type	Text
Resource Type	Article
Subject	History Economics and Econometrics

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in