کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5067398 1372592 2007 26 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Competing for capital when labor is heterogeneous
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Competing for capital when labor is heterogeneous
چکیده انگلیسی
This paper investigates the impacts of capital mobility and tax competition in a setting with imperfect matching between firms and workers. The small country attracts less firms than the large one but accommodates a share of the industry that exceeds its capital share-a reverse home market effect. This allows the small country to be more aggressive and to set a higher tax rate than the large one, thus implying that tax competition reduces international inequalities. However, the large country always attains a higher utility than does the small country. Our model thus encapsulates both the “importance of being small” and the “importance of being large”. Last, tax harmonization benefits to the small country but is detrimental to the large one.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: European Economic Review - Volume 51, Issue 8, November 2007, Pages 2054-2079
نویسندگان
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