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Who do you blame in local finance? : an analysis of municipal financing in Italy

Bordignon, Massimo; Piazza, Santino - 2010

A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...

Persistent link: https://www.econbiz.de/10003979382

Partial tax coordination in a repeated game setting

Itaya, Jun-ichi; Okamura, Makoto; Yamaguchi, Chikara - 2010

This paper addresses the problem of partial tax coordination among regional or national sovereign governments in a …

Persistent link: https://www.econbiz.de/10003994121

Tax competition among U.S. states : racing to the bottom or riding on a seesaw?

Chirinko, Robert S.; Wilson, Daniel J. - 2011

Dramatic declines in capital tax rates among U.S. states and European countries have been linked by many commentators to tax competition and an inevitable "race to the bottom." This paper provides an empirical analysis of the reaction of capital tax policy in a given U.S. state to changes in...

Persistent link: https://www.econbiz.de/10009240807

Lost in America : evidence on local sales taxes from national panel data

Agrawal, David - 2014 - This Version: June 2014

This paper studies comprehensive national panel data of local option sales taxes at the monthly frequency. I calculate state-by-month population weighted averages of local sales tax rates. I document ten stylized facts concerning the time series patterns and spatial dynamics of local sales...

Persistent link: https://www.econbiz.de/10010393644

Stable and sustainable global tax coordination with leviathan governments

Eichner, Thomas; Pethig, Rüdiger - 2014

Itaya et al. (2014) study the conditions for sustainability and stability of capital tax coordination in a repeated game model with tax-revenue maximizing governments. One of their major results is that the grand tax coalition is never stable and sustainable. The purpose of this note is to prove...

Persistent link: https://www.econbiz.de/10010383847

Partial fiscal decentralization and sub-national government fiscal discipline : empirical evidence from OECD countries

Asatryan, Zareh; Feld, Lars P.; Geys, Benny - 2015

Recent theoretical research suggests that financing sub-national governments’ expenditure out of own revenue sources is …

Persistent link: https://www.econbiz.de/10010498622

Fiscal decentralization and economic growth in OECD countries : is there a relationship?

Baskaran, Thushyanthan; Feld, Lars P. - 2009

We study the relationship between fiscal decentralization and economic growth for 23 OECD countries from 1975 to 2001 by using new panel data on sub-federal tax autonomy. While initial estimations suggest that fiscal decentralization causes lower growth rates, we find that this result is not...

Persistent link: https://www.econbiz.de/10003871924

Corporate income taxation of multinationals and fiscal equalization

Liesegang, Caterina; Runkel, Marco - 2009

This paper investigates the effect of fiscal equalization on the efficiency properties of corporate income tax rates chosen by symmetric countries in a Nash tax competition game under the taxation principles of Separate Accounting and Formula Apportionment. Fiscal equalization ensures efficiency...

Persistent link: https://www.econbiz.de/10003872423

Testing the tax competition theory : how elastic are national tax bases in OECD countries?

Riedl, Aleksandra; Rocha-Akis, Silvia - 2009

To what extent do countries' corporate income tax (CIT) rates attract foreign tax bases? What are the revenue implications of a unilateral tax reduction when tax bases are internationally mobile? These questions are explored using a panel of annual data from 17 OECD countries spanning the period...

Persistent link: https://www.econbiz.de/10003850173

Application of regionally varying additionality degrees in the practice of EU cohesion policy

Nam, Chang-woon; Wamser, Georg - 2010

national regional policy funds. The benchmark for the co-funding is that the EU bears 50% of total costs associated with … regional projects eligible for EU support. In some regions, however, the EU contribution has reached 85% of total costs. This … study examines how such additionality degrees are determined. Our findings indicate that the regional variation of …

Persistent link: https://www.econbiz.de/10003940115