Inter-jurisdictional fiscal competition: a review of the literature and policy recommendations
| Autor: | José Roberto Rodrigues Afonso, Sergio Guimarães Ferreira, Ricardo Varsano |
|---|---|
| Jazyk: | angličtina |
| Rok vydání: | 2005 |
| Předmět: |
Factor Mobility
Sociology and Political Science Public economics lcsh:HB71-74 lcsh:Economics as a science Factors of production Public good Fiscal union Tax Differentials Tiebout model Competition (economics) Fiscal Federalism Political Science and International Relations Economics Fiscal federalism Empirical evidence General Economics Econometrics and Finance Global environmental analysis |
| Zdroj: | Brazilian Journal of Political Economy, Volume: 25, Issue: 3, Pages: 295-313, Published: SEP 2005 Brazilian Journal of Political Economy v.25 n.3 2005 Revista de Economia Política EDITORA 34 instacron:EDITORA_34 Brazilian Journal of Political Economy, Vol 25, Iss 3, Pp 295-313 (2005) |
| Popis: | This paper surveys the literature on fiscal competition. We consider tax and expenditure competition in a more general set up where different jurisdictions within a federation may compete in the provision of public goods in order to attract some residents (Tiebout, 1956) and expel others (Brueckner, 1999); and/or for business. We address the vast literature on welfare gains or losses of these types of competition. Then, we discuss the empirical evidence, focusing on estimates of the sensitiveness of production factors to tax differentials and on the importance of the strategic interdependence among jurisdictions. We combine econometric studies with some case studies. Last we discuss the design of mechanisms to cope with fiscal competition, especially under a more global environment where factors become more mobile. |
| Databáze: | OpenAIRE |
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