This paper examines how capital tax competition affects jurisdiction formation. We describe a locational model of … this setting interjurisdictional tax competition results in an enlargement of jurisdictional boundaries, and can raise …

protectionism and strengthen competition. A review of horizontal industrial policies shows weaknesses in education, infrastructure … effects on competition. …

This paper examines the role of competition in productivity performance in Britain over the period from the late …-nineteenth to the early twenty-first century. A detailed review of the evidence suggests that the weakness of competition from the … 1930s to the 1970s undermined productivity growth but since the 1970s stronger competition has been a key ingredient in …

imperfect competition and nominal rigidities. This implies a direct crowding-out effect that, generalizing to the two …