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Under capital tax competition, surprisingly, Ogawa and Wildasin (2009, American Economic Review, 99(4), 1206-1217) find that uncoordinated policymaking leads to a first-best outcome even in the presence of transboundary pollution.However, I show that if the level of environmental regulation is...
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and derive empirical analogs of the price effects and choice distortions identified by theory. We find that price effects …
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and derive empirical analogs of the price effects and choice distortions identified by theory. We find that price effects …
Persistent link: https://www.econbiz.de/10012977637