Fiscal competition in space and time
نویسندگان
چکیده
منابع مشابه
Fiscal Competition in Space and Time
This paper analyzes fiscal competition among numerous spatiallyseparated jurisdictions in an explicitly dynamic framework. The degree of factor mobility between jurisdictions is imperfect because it is costly and timeconsuming to adjust factor stocks. Even if it is harmful in the long run, a jurisdiction’s residents can benefit in the short run from taxing mobile factors owned by non-residents....
متن کاملForthcoming in Journal of Public Economics FISCAL COMPETITION IN SPACE AND TIME
This paper analyzes fiscal competition among numerous spatiallyseparated jurisdictions in an explicitly dynamic framework. The degree of factor mobility between jurisdictions is imperfect because it is costly and timeconsuming to adjust factor stocks. Even if it is harmful in the long run, taxation of mobile factors redistribute income in favor of the owners of immobile resources in the short r...
متن کاملTax Competition and Fiscal Federalism in Italy
The opinions expressed here do not involve any of the above organizations.
متن کاملTracking Monetary - Fiscal Interactions Across Time and Space
The fiscal position of many countries is worrying – and getting worse. Should formally independent central bankers be concerned about observed fiscal excesses spilling over to monetary policy and jeopardizing price stability? To provide some insights, this paper tracks the interactions between fiscal and monetary policies in the data across time and space. It makes three main contributions. The...
متن کاملAgglomeration , tax competition , and fiscal equalization
This paper analyzes the impact of fiscal equalization on asymmetric tax competition when positive agglomeration externalities are present. It shows that equalization of standardized tax revenue improves the spatial allocation of capital provided that agglomeration externalities are sufficiently strong. JEL Classification: R12, H71, H73.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Public Economics
سال: 2003
ISSN: 0047-2727
DOI: 10.1016/s0047-2727(02)00055-5