000			01815nab a2200277 c 4500
999			_c147041 _d147041
003			ES-MaIEF
005			20230207103137.0
007			ta
008			230203t2023 us ||||| |||| 00| 0|eng d
040			_aES-MaIEF _bspa _cES-MaIEF
100	1		_953962 _aAdam, Antonis
245		0	_aServing two masters _bthe effect of state religion on fiscal capacity _c Antonis Adam & Sofia Tsarsitalidou
500			_aResumen.
504			_aBibliografía.
520			_aThis paper examines the effect of having a state religion on fiscal capacity. Our analysis extends the legitimization argument, which postulates that a state religion legitimizes the revenue-raising motives of the state. We then argue that the effect reduces the incentive of the state to invest in fiscal capacity. First, we build a simple theoretical model to highlight our central idea and derive our testable hypothesis. The model shows that in the presence of a legitimization effect, countries with a state religion face weaker incentives to invest in fiscal capacity, as they can raise revenue by exploiting the legitimizing power of the church. Next, we test the hypothesis in a potential outcomes model, which models the selection on observables using both recent and historical data. We show, always following our theoretical model, that countries with a state religion have lower fiscal capacity.
650		4	_933515 _aCAPACIDAD FISCAL
650		4	_947462 _aINCENTIVOS FISCALES
650		4	_947531 _aINVERSIONES
650		4	_947378 _aINGRESOS FISCALES
650		4	_943574 _aESTADO
650		4	_aRELIGION _948250
650		4	_aMODELOS ECONOMETRICOS _947776
700	1		_970353 _aTsarsitalidou, Sofia
773	0		_9168781 _oOP 1443/2023/194/1/2 _tPublic Choice _w(IEF)124378 _x0048-5829 _g v. 194, n. 1-2, January 2023, p. 181–203
942			_cART