) strategic interactions appear to emerge from tax competition rather than yardstick competition, with capital controls and fiscal … the political agency (yardstick competition) does not necessarily engender a "race to the bottom". …

various reasons for local government policy interactions, including fiscal competition, bidding for firms, yardstick … competition, expenditure spillovers, and Tiebout sorting. We discuss theoretically what parameters should be estimated to … determine the reason for competition among local governments. We emphasize how the policy outcomes emerging from this …

We introduce tax competition for mobile labor into an optimal-taxation model with two skill levels. We analyze a … symmetric subgame-perfect Nash equilibrium of the game between two governments and two taxpayer populations. Tax competition … ; unemployment ; tax competition ; Leviathan government …

stylized facts by setting up a simple two-country model of tax competition with heterogeneous firms. In this model a unique … simultaneous expansion of both markets intensifies tax competition and causes both countries to reduce their tax rates, despite … higher corporate tax bases. -- tax competition ; heterogeneous firms ; imperfect competition …

This paper examines capital tax competition in the presence of an interstate transfer policy without federal commitment …, however, introduces a new source of inefficiency unrelated to tax competition. Specifically, ex-post transfer payments prove … externalities welfare-deteriorating relative to tax competition. …