Kammas, Pantelis; Philippopoulos, Apostolis - Volkswirtschaftliche Fakultät, … - 2009
We provide a quantitative assessment of the welfare cost of tax competition or, equivalently, the welfare benefit of … presence of an international public good. In the absence of international public goods, although welfare in the non …-cooperative case is typically lower than in the cooperative case, the welfare difference is negligible quantitatively. Things change …