State tax and policy competition for mobile capital
We characterise a model in which states engage in tax and policy competition with one another to attract mobile capital. The mix of policies chosen is shown to depend on the interaction between a desire to exploit capital for the benefit of domestic residents (labour) and a net marginal externality...
| Main Authors: | , |
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| Format: | Journal Article |
| Published: |
Blackwell Publishing
2002
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| Online Access: | http://hdl.handle.net/20.500.11937/7658 |