goods and externalities - III. Efficiency analysis - IV. Fiscal competition and optimality. … competition and optimality. The four pictures above evoke a key concept, method or model used in each of these four parts: MDP … outliers - Non Cooperative Fiscal Equilibria to characterize the outcomes of fiscal competition. …

local neighbors. Yet, competition does not eliminate all tax differences between locations, since tax rates are positively … jurisdictions are less exposed to tax competition. …

rate of the business tax. Tax competition is identified by means of instrumental variables techniques. Despite significant … competition effects between local neighbors, where taxrates are strategic complements, jurisdictions are found to have some leeway … interjurisdictional competition. …