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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3594 |
DP3594 Unemployment Dynamics of the 'Mezzogiornos of Europe': Lessons for the Mezzogiorno of Italy | |
Fiorella Kostoris Padoa Schioppa; Roberto Basile | |
发表日期 | 2002-10-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | The standard race-to-the-bottom result is curious in one respect. If a nation wants to attract foreign capital, providing the optimal level of public amenities (and thus charging the optimal tax rate) would seem optimal. This conjecture fails in the standard tax competition model since foreign capital ignores host nation amenities. While this assumption is reasonable for physical capital, other forms of capital (human capital) tend to move with their owner, so amenities matter. We show that when factors move with their owners, symmetric international tax competition may leads to the socially optimal rate. This result can be thought of as a corollary of the Tiebout efficiency hypothesis. |
主题 | International Trade and Regional Economics |
关键词 | Tax competition Tiebout hypothesis |
URL | https://cepr.org/publications/dp3594 |
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/532601 |
推荐引用方式 GB/T 7714 | Fiorella Kostoris Padoa Schioppa,Roberto Basile. DP3594 Unemployment Dynamics of the 'Mezzogiornos of Europe': Lessons for the Mezzogiorno of Italy. 2002. |
条目包含的文件 | 条目无相关文件。 |
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