The New Zealand government has recently indicated it will scale back its subsidy program for foreign firms investing in … investments, paying particular attention to interjurisdictional competition. I show what factors determine equilibrium subsidy …

Today, a confluence of factors, such as growing concerns about associated consumption externalities and socioeconomic … (production), indirect costs (road maintenance), and negative externalities (climate change, local pollutants, traffic accidents … negative externalities, but also generate an estimated $400 billion in revenues to governments. …