Inter-regional transfers and the induced under-taxation of economic rents

Inter-regional transfers and the induced under-taxation of economic rents. Regional Studies. This paper shows that if taxes on economic rent are assigned to anticipatory first-moving regions and inter-regional transfers are mandated centrally, rents are under-taxed relative to optimal levels. This p...

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Bibliographic Details
Main Author: Petchey, Jeffrey
Format: Journal Article
Published: Routledge 2017
Online Access:http://hdl.handle.net/20.500.11937/51326