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This paper analyses the efficiency of public input provision in a model with large and asymmetric jurisdictions and international capital mobility, where governments provide local public consumption goods and public inputs. Our main result is that the efficiency of public input depends on the...
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Complete descriptions of Cournot-Nash equilibria in a model with large and asymmetric countries and international mobile capital are given. These countries have two tax instruments at their disposal. The possibility is shown that if the more populated country exports capital, a mutually...
Persistent link: https://www.econbiz.de/10005582164
We examine the question of whether a combination of law enforcement and redistributive transfers will be used in fighting criminality due to poverty. This is done in a model where a proportion of the poor participates in illegal activities. The victims of theft are firms. In contrast to most of...
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