Are the predictions of tax competition theory wrong? Recent empirical results on capital taxation suggest that this might be the case. While tax competition literature predicts that capital taxes decrease with increasing globalisation, empirical studies on various data find contradicting...

Preface -- 1 Introduction -- 2 The Theory of Trade Agreements and Economic Integration, Size of Economics, Trade Costs and Economic Welfare -- 3 An Empirical Analysis of the Size Characteristics of Economies -- 4 An Empirical Analysis of the Impact of Trade Costs on Trade Flows and Welfare:...