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This paper discusses how local tax rates of the business tax are set when communities compete for capital as a mobile factor. In a theoretical model communities provide public inputs financed by a tax on capital income in order to maximize a general objective function, which includes residents'...
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We analyze conflicts between communities. A community-specific public good, to which members make voluntary contributions, defines communities. Some, but not all, members of one community may contribute towards another community's public good. Such ‘bridging’ contributions will not occur...
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privatization has been officially encouraged by the federal government and in particular, land under previously privatized buildings …-out prices and administrative barriers to deter land privatization and to offer "long-term leases" (which are not fully … administrative barriers to land privatization appear to have higher rates of land ownership by businesses, and to face lower levels …
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(rationalist and constructivist/sociological) strands of institutional theory. Based on a new dataset comprising the corporate …
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