provision of public goods and with it the welfare of all countries can be enhanced via tax coordination. Based on the standard … 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 …

the race to the bottom result, the benefits and pitfalls of partial coordination and the incidence of factors mobility on …

coordination failure Whereas the harmful effects of tariff competition have been thoroughly explored in the trade policy literature …

, one of which is not part of the union, and a globally mobile firm. We show that regional tax coordination can lead to two … types of welfare gain. First, for investments that would take place in the union in the absence of coordination, a … coordination. …