کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
971999 1479681 2006 19 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Capital indivisibility and tax competition: Are there too many business areas when some of them are empty?
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Capital indivisibility and tax competition: Are there too many business areas when some of them are empty?
چکیده انگلیسی

In this paper, we propose a model where local jurisdictions must engage a development cost before competing for hosting a firm with uncertain preferences among possible sites. We first show that even an optimizing central planner managing all the jurisdictions develops more sites than there are plants to host. Doing so, he diversifies his supply and has a higher probability of hosting the firm. Then, we show that, if every jurisdiction is managed by a local government, there are more developed sites than with the central planner, which implies excess supply.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Urban Economics - Volume 60, Issue 3, November 2006, Pages 399-417