particular, we assume the existence of three jurisdictions, i, j and z, as well as of spillovers. Given this simple framework, we … show that if jurisdictions compete to attract mobile capital, spillovers can lead to asymmetric responses. In fact …

competition, expenditure spillovers, and Tiebout sorting. We discuss theoretically what parameters should be estimated to … empirical analyses on the effects of fiscal decentralization on mobility, spillovers, fiscal externalities, economic outcomes …

finance an efficient level of public consumption goods. In this model we introduce international spillovers in public goods … provision and show that such spillovers reduce, and in the limiting case of perfect spillovers, eliminate tax competition. There … is, however, always underprovision of the public good in equilibrium, since larger spillovers increase the problem of …