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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3081 |
DP3081 The Microstructure of the Euro Money Market | |
Philipp Hartmann; Michele Manna; Andres Manzanares | |
发表日期 | 2001-11-23 |
出版年 | 2001 |
语种 | 英语 |
摘要 | This Paper analyses the effects of a regionally coordinated profit tax in a model with three active countries, 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 gains. First, for investments that would take place in the region in the absence of coordination, this measure can transfer location rents from the firm to the union. Second, by internalizing all of the union's benefits from foreign direct investment, a coordinated policy attracts more investment than when member states act in isolation. Consequently, tax levels may rise or fall under regional coordination. |
主题 | International Trade and Regional Economics |
关键词 | Tax competition Regional coordination International investment |
URL | https://cepr.org/publications/dp3081 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/532113 |
推荐引用方式 GB/T 7714 | Philipp Hartmann,Michele Manna,Andres Manzanares. DP3081 The Microstructure of the Euro Money Market. 2001. |
条目包含的文件 | 条目无相关文件。 |
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