Showing 1 - 10 of 253
According to the Leviathan-Model, fiscal federalism is seen as a binding constraint on a revenue-maximizing government …. The competitive pressure of fiscal federalism is supposed to reduce public sector size as compared to unitary states … possible to investigate different mechanisms by which fiscal federalism may influence government size. The results indicate …
Persistent link: https://www.econbiz.de/10005766067
A long-standing concern in the literature has been that household mobility implies a serious threat to the viability of redistributive taxation. This paper considers the effects of deferred integration of migrants into the redistributive system of the target country. In a model of symmetric...
Persistent link: https://www.econbiz.de/10005405870
Investment in network infrastructure can boost long-term economic growth in OECD countries. Moreover, infrastructure … between infrastructure and economic growth. Time-series results reveal a positive impact of infrastructure investment on … infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …
Persistent link: https://www.econbiz.de/10005013038
in Germany. The results suggest that attempts of state level governments to extract fiscal resources from the local …
Persistent link: https://www.econbiz.de/10005094459
, Britain, France, Germany and Japan and proceeds to evaluate the hypothesis of a productivity bonus as postulated by many …Does the concept of General Purpose Technologies help explain periods of faster and slower productivity advance in … there was no generalized productivity boost from electrical power diffusion as postulated by many existing GPT models. The …
Persistent link: https://www.econbiz.de/10010748306
This study investigates whether migrants, once they have decided to move to Switzerland, prefer to settle in municipalities that feature low income taxes. In line with the existing literature, results from cluster-specific count data models indicate that income taxes are a significant pull...
Persistent link: https://www.econbiz.de/10010877741
Most cities enjoy some autonomy over how they tax their residents, and that autonomy is typically exercised by multiple municipal governments within a given city. In this chapter, we document patterns of city-level taxation across countries, and we review the literature on a number of salient...
Persistent link: https://www.econbiz.de/10010889985
This paper investigates the conditions under which partial harmonization for capital taxation is sustained in a repeated interactions model of tax competition when there are three countries with heterogenous capital endowments. We show that regardless of the structure of the coalition (i.e. full...
Persistent link: https://www.econbiz.de/10011265256
We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization causes lower growth rates, we find that this result is not...
Persistent link: https://www.econbiz.de/10005013046
Dramatic declines in capital tax rates among U.S. states and European countries have been linked by many commentators to tax competition and an inevitable “race to the bottom.” This paper provides an empirical analysis of the reaction of capital tax policy in a given U.S. state to changes in...
Persistent link: https://www.econbiz.de/10009224871