BRÜLHART, Marius; JAMETTI, Mario; SCHMIDHEINY, Kurt - Départment d'économétrie et d'économie politique … - 2007
Low corporate taxes can help attract new .firms. This is the main mechanism underpinning the standard "race-to-the-bottom" view of tax competition. A recent theoretical literature has qualified this view by formalizing the argument that agglomeration forces can reduce firms' sensitivity to tax...