Eichner, Thomas; Pethig, Rüdiger - 2013
Capital tax competition is known to result in inefficiently low tax rates and an undersupply of public goods. The … Zodrow-Mieszkowski-Wilson tax-competition model this paper analyses the conditions under which tax coordination by a group of … countries is self-enforcing. It is shown that there always exists a rather small stable tax coalition. For some subset of the …