various reasons for local government policy interactions, including fiscal competition, bidding for firms, yardstick … competition, expenditure spillovers, and Tiebout sorting. We discuss theoretically what parameters should be estimated to … determine the reason for competition among local governments. We emphasize how the policy outcomes emerging from this …

The paper shows that interjurisdictional competition for mobile factors of production forces the government to raise ….g. user charges, a Leviathan may be tamed by interjurisdictional competition whereas this is not necessarily true in the case …

In this paper we investigate tax/subsidy competition for FDI between countries of different size when a domestic firm … policy competition between the two governments seeking to attract FDI. We show that the country hosting the incumbent always … welfare-maximizer location. Finally, an efficiency-enhancing role of policy competition may only arise when the domestic …

design an experiment to examine the impact of competition and price transparency in such settings. Consistent with the … theoretical predictions, we find that competition promotes efficiency if bargainers cannot observe each other's price offers …. Contrary to the predictions, however, the efficiency-enhancing effect of competition persists even when offers are observable …