Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - In: European Journal of Political Economy 34 (2014) C, pp. 263-278
This paper addresses the sustainability and stability problems of partial tax coordination among regional or national sovereign governments that aim to maximize tax revenues in a repeated game setting. We show that partial tax coordination is more likely to prevail either if the number of...