This paper considers the influence of uncertainty with respect to GDP and population total and age structure on long-run environmental impact projections. A simple model, based on the stochastic version of the IPAT equation, is used to generate projections of two environmental impacts for which...

Almost all the literature on tax competition in the presence of multinationals (MNCs) and profit shifting ignores trade costs. This Paper studies how economic integration, in terms of reduced trade costs and internationalization of ownership, affects tax competition and equilibrium corporate...

We examine how the bidding environment may affect the outcome of tax competition between two countries (or two regions) in attracting a firm’s foreign direct investment (FDI).We compare the equilibrium location choice and payoffs from an English auction, with both complete and incomplete...