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This paper investigates whether OECD countries compete with each other for mobile factors by using various fiscal (tax-spending) policy instruments. We use a panel dataset of 20 OECD countries over the 1982-2000 period. There is evidence that international capital inflows (FDI) are affected by...
Persistent link: https://www.econbiz.de/10011496084
Abstract This paper proposes a nesting ‘New Trade, New Economic Geography’ model in which agglomeration is driven by input–output linkages among firms, trade in goods and capital mobility. The New Economic Geography sub-model exhibits the same positive and dynamic properties as a wide...
Persistent link: https://www.econbiz.de/10005495721
on outputs, employment of labour, employment ratio of urban sector and welfare are examined. The possibility of …
Persistent link: https://www.econbiz.de/10010816605
coordination; coordination is welfare improving; and, the gap between the coordinated and uncoordinated work hours (and the …
Persistent link: https://www.econbiz.de/10011051756
This paper investigates whether OECD countries compete with each other for mobile factors by using various fiscal (tax-spending) policy instruments. We use a panel dataset of 20 OECD countries over the 1982-2000 period. There is evidence that international capital inflows (FDI) are affected by...
Persistent link: https://www.econbiz.de/10004963472
This paper investigates whether OECD countries compete with each other for mobile factors by using various fiscal (tax-spending) policy instruments. We use a panel dataset of 20 OECD countries over the 1982-2000 period. There is evidence that international capital inflows (FDI) are affected by...
Persistent link: https://www.econbiz.de/10005020494
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 …
Persistent link: https://www.econbiz.de/10005020498
This paper develops a welfare-theoretic argument for regional policy makers to subsidize an industry that has access to …
Persistent link: https://www.econbiz.de/10005678841
coordination; coordination is welfare improving; and, the gap between the coordinated and uncoordinated work hours (and the …
Persistent link: https://www.econbiz.de/10008478933
coordination; coordination is welfare improving; and, the gap between the coordinated and uncoordinated work hours (and the …
Persistent link: https://www.econbiz.de/10010553646