This paper investigates the efficiency properties of tax competition between submetropolitan jurisdictions when capital …

national optimum without tax competition. Competition reduces state taxes and thus the need for federal subsidies. Also, under … competition, the firm locates in the nation's preferred location. Therefore, tax competition offers two means of increasing …

This paper surveys the nexus between tax competition and the fiscal constitution. We distinguish various approaches to … competition between jurisdictions and provide a critique of evolutionary approaches to 'systems competition'. In the main part of … the paper, a simple model of horizontal tax competition, based on the Zodrow-Mieszkowski- approach, is developed that can …

This paper analyzes tax competition when welfare maximizing jurisdictions levy source-based corporate taxes and …-tax to high-tax countries. The Nash equilibrium of the tax competition game is characterized by underprovision of publicly … apportionment. -- Multinational enterprises ; financial policy ; profit shifting ; corporate taxation ; tax competition …

This paper analyzes asymmetric tax competition under formula apportionment. It sets up a model with multinationals … taxation ; formula apportionment ; asymmetric tax competition …