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A simple theory of industry location and residence choice

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International migration, capital mobility and transitional dynamics

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Fiscal competition in space and time

Wildasin, David E. - 2000

This paper analyzes fiscal competition among numerous spatially-separated jurisdictions in an explicitly dynamic framework. The degree of factor mobility between jurisdictions is imperfect because it is costly and time-consuming to adjust factor stocks. Even if it is harmful in the long run, a...