全球智库信息集成服务系统(G2TT): Tax Competition, Investment Irreversibility and the Provision of Public Goods

G2TT

来源类型	FEEM working papers "Note di lavoro" series
规范类型	论文
	Tax Competition, Investment Irreversibility and the Provision of Public Goods
	Michele Moretto; Paolo Panteghini; Sergio Vergalli
发表日期	2013
出处	Economy and Society
出版年	2013
语种	英语
摘要	This article studies the effects of tax competition on the provision of public goods under business risk and partial irreversibility of investment. As will be shown, the provision of public goods changes over time and also depends on the business cycle. In particular, under source-based taxation, public goods can be optimally provided during a downturn, in the short term. The converse is true during a recovery, when they are underprovided. In the long term however, tax competition does not affect capital accumulation and therefore, the provision of public goods.
特色分类	H25;H32
关键词	Irreversibility Risk Short- and Long-Term Effects Tax Competition
URL	https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/tax-competition-investment-irreversibility-and-the-provision-of-public-goods/
来源智库	Fondazione Eni Enrico Mattei (Italy)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/118194
推荐引用方式 GB/T 7714	Michele Moretto,Paolo Panteghini,Sergio Vergalli. Tax Competition, Investment Irreversibility and the Provision of Public Goods. 2013.