Tax competition in the presence of environmental spillovers

Autor:	Fabio Antoniou, Michael S. Michael, Panos Hatzipanayotou, Nikos Tsakiris
Rok vydání:	2021
Předmět:	ComputingMilieux_GENERAL Consumption (economics) Economics and Econometrics Consumption tax Tax revenue Tax competition Accounting Economics Revenue ComputingMilieux_LEGALASPECTSOFCOMPUTING Monetary economics Finance Public finance
Zdroj:	International Tax and Public Finance. 29:600-626
ISSN:	1573-6970 0927-5940
DOI:	10.1007/s10797-021-09680-3
Popis:	This paper examines the efficiency of destination-and origin-based consumption taxes, in the presence of consumption generated perfect cross-border pollution spillovers, when tax revenue either finances public pollution abatement or it is lump-sum distributed. When consumption tax revenue finances the provision of public pollution abatement and regions have identical and quasi-linear preferences then, the non-cooperative equilibrium origin-based consumption taxes are efficient, while the destination-based consumption taxes are inefficiently low. When, however, consumption tax revenue is lump-sum distributed, then, the destination-based tax principle leads to inefficiently low taxes, while the origin-based tax principle leads either to inefficiently high or low taxes.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::d8faa70358a14170decc62594fdf29ec https://doi.org/10.1007/s10797-021-09680-3 Zobrazit plný text záznamu Full text from SpringerLink