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Growth, public investment and corruption with failing institutions

DE LA CROIX, David; DELAVALLADE, Clara - Center for Operations Research and Econometrics (CORE), … - 2006

Corruption is thought to prevent poor countries from catching-up. We analyze one channel through which corruption …-seeking. At equilibrium, the intensity of corruption and the structure of public investment are determined by the predatory … without corruption in which there is no effective corruption yet still the possibility of corruption distorts the allocation …

Persistent link: https://www.econbiz.de/10005008244

Democracy, rule of law, corruption incentives and growth

DE LA CROIX, David; DELAVALLADE, Clara - Center for Operations Research and Econometrics (CORE), … - 2008

We bridge the gap between the standard theory of growth and the mostly static theory of corruption. Some public … institutional parameters: the "technology of corruption" is the ease with which rent-seekers can capture a proportion of public … corruption are different according to the constraints that are binding at equilibrium. In particular, the effect of judicial …

Persistent link: https://www.econbiz.de/10005043278

Internal vs. core coalitional stability in the environmental externality game: A reconciliation

Tulkens, Henry - Center for Operations Research and Econometrics (CORE), … - 2014

In a game with positive externalities, such as e.g. the standard environmental externality game used in the analysis of international environmental agreements, the solutions having the property of coalitional internal stability, when they exist, are compared in this paper with the solutions with...

Persistent link: https://www.econbiz.de/10011246306

On the timing of tax and investment in fiscal competition models

Hindriks, Jean; Nishimura, Yukihiro - Center for Operations Research and Econometrics (CORE), … - 2014

We study a model in which asymmetric regions compete for capital with both public investments and taxes. Public investments are chosen in the first stage, and then source income taxes are set in the second stage. Public investments increase the productivity of capital and they also serve to...

Persistent link: https://www.econbiz.de/10011246313

A note on equilibrium leadership in tax competition models

HINDRIKS, Jean; nishimura, YUKIHIRO - Center for Operations Research and Econometrics (CORE), … - 2014

This paper reexamines the work of Kempf and Rota-Graziosi (J. Pub. Econ. 94: 768-776, 2010), which shows that leadership by the small region is the risk dominant equilibrium under the endogenous timing game. They obtain this result in a model where the asymmetry among countries translates into...

Persistent link: https://www.econbiz.de/10011228289

International tax leadership among asymmetric countries

HINDRIKS, Jean; nishimura, YUKIHIRO - Center for Operations Research and Econometrics (CORE), … - 2014

Multinational companies can shift profit and income between branches in order to reduce the overall tax liabilities of the company. The result is a tax competition between countries. In this paper we consider the sequential choice of tax rates to illustrate the potential effects of tax...

Persistent link: https://www.econbiz.de/10011228295

Transfer pricing rules, OECD guidelines, and market distortions

BEHRENS, Kristian; PERALTA, Susana; PICARD, Pierre - Center for Operations Research and Econometrics (CORE), … - 2009

We study the impact of transfer pricing rules on sales prices, firms’ organizational structure, and consumers’ utility within a two-country monopolistic competition model featuring source-based profit taxes that differ across countries. Firms can either become multinationals, i.e., they...

Persistent link: https://www.econbiz.de/10008550192

Transfer pricing and enforcement policy in oligopolistic markets

AMERIGHI, Oscar - Center for Operations Research and Econometrics (CORE), … - 2004

In this paper we set up a symmetric two-country model with trade costs and international ownership to study the transfer pricing decisions by two multinationals operating in markets with Cournot competition. We let governments choose both the corporate profit tax rate and the level of...

Persistent link: https://www.econbiz.de/10005008645

The effects of economic integration on the provision of mandatory education as a redistributive policy

DEL REY CANTELI, Elena - Center for Operations Research and Econometrics (CORE), … - 1998

The aim of this paper is to investigate the implications of increased student mobility on the level of education provided after opening the borders between two similar countries. As a preliminary result, it will be shown that some public provision of mandatory education can be welfare improving...

Persistent link: https://www.econbiz.de/10005065345

International commodity taxation in the presence of unemployment

MORICONI, Simone; SATO, Yasuhiro - Center for Operations Research and Econometrics (CORE), … - 2006

This paper analyses the effect of consumption taxes on unemployment in presence of wage rigidity and compares non-cooperative tax setting under the destination and origin principle of commodity taxation. We show that, in a two country economy, consumption taxes negatively affect domestic...

Persistent link: https://www.econbiz.de/10005065383