G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3594
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
URLhttps://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.
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