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We here expand the static tax competition models in symmetric small regions, which were indicated by Zodrow and Mieszkowski (1986) and Wilson (1986), to a dynamic tax competition model in large regions, taking consideration of the regional asymmetry of productivity of public capital and the...
Persistent link: https://www.econbiz.de/10011332630
In this paper we investigate the effects of tax competition in a simple endogenous growth model with elastic labor supply. Our analysis focuses on two issues. First, we show that all taxes, i.e. on capital, labor, and consumption, are harmful for growth. Second, we derive the optimal tax policy....
Persistent link: https://www.econbiz.de/10010264390
This paper examines efficiency in public input provision in two large jurisdictions with imperfect labour markets. It analyses how equilibrium capital tax rates and public input provision levels differ between asymmetric jurisdictions that can strategically influence the interest rate on the...
Persistent link: https://www.econbiz.de/10010420675
Persistent link: https://www.econbiz.de/10011696635
In our paper, we demonstrate that when countries compete in taxes and infrastructure, coordination through a uniform tax rate or a minimum rate does not necessarily create the welfare effects observed under pure tax competition. The divergence is even worse when the competing jurisdictions...
Persistent link: https://www.econbiz.de/10010319980
In this paper we investigate the effects of tax competition in a simple endogenous growth model with elastic labor supply. Our analysis focuses on two issues. First, we show that all taxes, i.e. on capital, labor, and consumption, are harmful for growth. Second, we derive the optimal tax policy....
Persistent link: https://www.econbiz.de/10003730258
The paper analyses the impact of tax competition on innovation in the public sector. It is shown that the effects of increased mobility of the tax base on innovation and growth are ambiguous. The negative relationship is more likely, however. Moreover, it is shown that a Leviathan government may...
Persistent link: https://www.econbiz.de/10003883964
This note discusses the comparative dynamic analysis in "Fiscal competition in space and time" by David Wildas in (Journal of Public Economics, Vol. 87, 2003) from a technical point of view. -- dynamic tax competition ; imperfect capital mobility ; comparative dynamics ; Peano Theorem
Persistent link: https://www.econbiz.de/10003886058
Dieser Beitrag untersucht die Wirkungen der Zinsbereinigung des Eigenkapitals auf das zu erwartende Steueraufkommen und auf den internationalen Steuerwettbewerb. Ausgangspunkt hierfür ist eine modelltheoreti-sche Untersuchung des Zusammenhanges zwischen Kapitalmarktrenditen und...
Persistent link: https://www.econbiz.de/10003872091
Persistent link: https://www.econbiz.de/10003932926