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This paper studies the existence of a fiscal Nash equilibrium in a multi-country model of trade where the relative prices are the channels of transmission of scal policies between countries. We stipulate the necessary conditions on goods, consumptions and trade that allow for the existence of a...
Persistent link: https://www.econbiz.de/10009322612
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...
Persistent link: https://www.econbiz.de/10011194449
In this methodological paper, we prove that the key tax competition game introduced by Zodrow and Mieszkowski (1986) and Wildasin (1988), extended to asymmetric regions, possesses a Nash equilibrium under several assumptions commonly adopted in the literature : goods are supposed to be normal ;...
Persistent link: https://www.econbiz.de/10010603653
In this methodological paper, we prove that the key tax competition game introduced by Zodrow and Mieszkowski (1986) and Wildasin (1988), extended to asymmetric regions, possesses a Nash equilibrium under several assumptions commonly adopted in the literature : goods are supposed to be normal ;...
Persistent link: https://www.econbiz.de/10008568169
Persistent link: https://www.econbiz.de/10011303051
Persistent link: https://www.econbiz.de/10009271720
Persistent link: https://www.econbiz.de/10003190819