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A growing literature documents the existence of strategic political reactions to public expenditure in one jurisdiction on either neighboring or reference jurisdictions. The latter might give raise to downward expenditure spiral, or "race to the bottom". However, in ascertaining the empirical...
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This paper provides the first analysis of the trade-off between convenient flight connections and airport congestion. A …
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Inhabitants of houses near Amsterdam Airport are complaining of noise nuisance, caused by aircraft traffic. The usual … around Amsterdam Airport as the sum of hedonic price differentials and a residual cost component. The residual costs are …
Persistent link: https://www.econbiz.de/10011402503
The likely resurgence of air traffic in the U.S. means that airport congestion is a problem that must soon be … theory says that the congestion tolls levied on the various airlines at a particular airport should generally be different …, with the tolls being inversely related to a carrier s airport flight share. Internalization of airport congestion is the …
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In this paper, we analyse the role of mobility in tax and subsidy competition. Our primary result is that increasing "relocation" mobility of firms leads to increasing "net" tax revenues under fairly weak conditions. While enhanced relocation mobility intensifies tax competition, it weakens...
Persistent link: https://www.econbiz.de/10003808634
This paper shows that subsidy competition may be efficiency enhancing. We model a subsidy game among two asymmetric regions in a new trade model, where capital can freely move among regions, but capital rewards are repatriated. We study subsidy competition, starting from an equilibrium where the...
Persistent link: https://www.econbiz.de/10003820639