Inter-League Competition and Revenue Sharing
نویسندگان
چکیده
منابع مشابه
Fiscal Competition, Revenue Sharing, and Policy-induced Agglomeration
Revenue sharing can be used to discourage low tax regions from competing for capital and firms with high tax regions. However, with heterogeneous regions, revenue sharing involves net transfers across regions and creates a “moral-hazard” problem – that is, regions may want to invest less in market fostering public good when the benefits are shared across nations. This paper analyzes these costs...
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ژورنال
عنوان ژورنال: Studies in Regional Science
سال: 2007
ISSN: 0287-6256,1880-6465
DOI: 10.2457/srs.37.749