G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3081
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
URLhttps://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.
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