Koethenbuerger, Marko; Lockwood, Ben - In: Journal of Economic Dynamics and Control 34 (2010) 2, pp. 191-206
This paper considers the relationship between tax competition and growth in an endogenous growth model where there are stochastic shocks to productivity, and capital taxes fund a public good which may be for final consumption or an infrastructure input. Absent stochastic shocks, decentralized...
