This paper analyses strategic fiscal policy-making within the context of the standard two-country-two-good real trade model developped by Turnovsky (1988). Introducing asymmetry between the two countries and assuming that one country acts as a Stackelberg leader relative to the other one, we...

Models of tax competition usually assume a single period framework. This paper sets up a repeated interactions model of tax competition, and establishes conditions under which fiscal policy harmonization can result from repeated interactions between governments. It is shown that fiscal policy...

Models of tax competition usually assume a single period framework. This paper sets up a repeated interactions model of tax competition, and establishes conditions under which fiscal policy harmonization can result from repeated interaction between governments. It is shown that fiscal policy...

Cet article a pour but de demontrer la viabilite des politique de taxation du capital dans une economie mondiale a deux pays avec imparfaite substituabilite des capitaux. Les agents sont altruistes et donnent une partie de leur patrimoine a leurs enfants. La presence d'une contrainte sur les...

Nous developpons un modele dans lequel les gouvernement peuvent s'exhanger des informations sur les investissements effectues sur leur territoire par les agents etrangers.

This paper compares the impact of two equalization transfer schemes on regional budgetary choices: a gross equalization scheme, where ex-post transfers to regions are financed from federal tax revenues, and a net equalization scheme, where region-to-region ex-post transfers allocated by the...

This paper investigates the factors underlying the emergence of Research Cluster (RC), i.e. cooperation (or coordination of research efforts) through spatial proximity between public and private research teams. A ‘public lab’ and a ‘private lab’ interact in a two-stage game to decide on...

This paper analyses the tax competition mechanisms in a context of commodity trade. We show that the trade market equilibrium may restore the efficiency of the public good provision when agents from different countries have symmetric preferences. Asymmetry in preferences implies over or...

In this paper, we focus on the issue of water loss caused by leakage from obsolete water mains. We develop in this theoretical paper, a cost minimization problem of a water utility that faces leakage from water mains. Our framework enables us to determine the optimal water main quality index...

This paper examines a situation in which a decision-maker determines the appropriate compensation that should be awarded for a given amount of ecological damage. The compensation can take the form of either or both monetary and environmental units to meet three goals: i) minimisation of the cost...