The Journal of economic history, 2019-03, Vol.79 (1), p.201-243
2019
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Details
- Autor(en) / Beteiligte
- Titel
- The Wealth Tax of 1942 and the Disappearance of Non-Muslim Enterprises in Turkey
- Ist Teil von
- The Journal of economic history, 2019-03, Vol.79 (1), p.201-243
- Ort / Verlag
- New York, USA: Cambridge University Press
- Erscheinungsjahr
- 2019
- Quelle
- Worldwide Political Science Abstracts
- Beschreibungen/Notizen
- Turkey imposed a controversial tax on wealth to finance the army in 1942. This tax was arbitrarily assessed and fell disproportionately on non-Muslim minorities. We study the heterogeneous impact of this tax on firms by assembling a new dataset of all enterprises in Istanbul between 1926 and 1950. We find that the tax led to the liquidation of non-Muslim-owned firms, which were older and more productive, reduced the formation of new businesses with non-Muslim owners, and replaced them with frailer Muslim-owned startups. The tax helped “nationalize” the Turkish economy, but had negative implications for productivity and growth.
- Sprache
- Englisch
- Identifikatoren
- ISSN: 0022-0507eISSN: 1471-6372DOI: 10.1017/S0022050718000724Titel-ID: cdi_proquest_journals_2190954724
- Format
- –
- Schlagworte
- 19th century, 20th century, Army, Companies, Economic growth, Economic history, Economic reform, Entrepreneurs, Jewish life & ethics, Jewish people, Market value, Middle class, Minority & ethnic groups, Modernization, Muslims, Nation states, Nationalism, Politics, Productivity, Religion, Startups, Taxation, Wealth, Wealth tax