Does Competition for Capital Discipline Governments? Decentralization, Globalization, and Public Policy
Author
Abstract
Suggested Citation
Note: DOI: 10.1257/0002828054201314
Download full text from publisher
References listed on IDEAS
- Maurice Obstfeld, 1998.
"The Global Capital Market: Benefactor or Menace?,"
Journal of Economic Perspectives, American Economic Association, vol. 12(4), pages 9-30, Fall.
- Maurice Obstfeld, 1998. "The Global Capital Market: Benefactor or Menace?," NBER Working Papers 6559, National Bureau of Economic Research, Inc.
- Maurice Obstfeld, 2000. "The Global Capital Market: Benefactor or Menace?," International Finance 0004001, University Library of Munich, Germany.
- Obstfeld, Maurice, 1998. "The Global Capital Market: Benefactor or Menace?," Department of Economics, Working Paper Series qt3kn3n2s8, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
- Obstfeld, Maurice, 1998. "The Global Capital Market: Benefactor or Menace?," Center for International and Development Economics Research, Working Paper Series qt3kn3n2s8, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
- Maurice Obstfeld., 1998. "The Global Capital Market: Benefactor or Menace?," Center for International and Development Economics Research (CIDER) Working Papers C98-098, University of California at Berkeley.
- Wilson, John Douglas, 1991.
"Tax competition with interregional differences in factor endowments,"
Regional Science and Urban Economics, Elsevier, vol. 21(3), pages 423-451, November.
- Wilson, J.D., 1990. "Tax Competition With Interregional Differences In Factor Endowments," Working Papers 4, John Deutsch Institute for the Study of Economic Policy.
- Edwards, Jeremy & Keen, Michael, 1996.
"Tax competition and Leviathan,"
European Economic Review, Elsevier, vol. 40(1), pages 113-134, January.
- Jeremy Edwards & Michael Keen, 1994. "Tax Competition and Leviathan," CESifo Working Paper Series 57, CESifo.
- Jeremy Edwards & Michael Keen, 1994. "Tax competition and Leviathon," IFS Working Papers W94/07, Institute for Fiscal Studies.
- Keen, Michael & Marchand, Maurice, 1997.
"Fiscal competition and the pattern of public spending,"
Journal of Public Economics, Elsevier, vol. 66(1), pages 33-53, October.
- KEEN, Michael & MARCHAND, Maurice, 1996. "Fiscal Competition and the Pattern of Public Spending," LIDAM Discussion Papers CORE 1996001, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Keen, M. & Marchand, M., 1997. "Fiscal competition and the pattern of public spending," LIDAM Reprints CORE 1284, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Qian, Yingyi & Roland, Gerard, 1998.
"Federalism and the Soft Budget Constraint,"
American Economic Review, American Economic Association, vol. 88(5), pages 1143-1162, December.
- Yingyi Qian & Gerard Roland, "undated". "Federalism and the Soft Budget Constraint," Working Papers 97045, Stanford University, Department of Economics.
- Stiglitz, Joseph E., 2000. "Capital Market Liberalization, Economic Growth, and Instability," World Development, Elsevier, vol. 28(6), pages 1075-1086, June.
- Besley, Tim & Smart, Michael, 2002. "Does Tax Competition Raise Voter Welfare?," CEPR Discussion Papers 3131, C.E.P.R. Discussion Papers.
- Bucovetsky, S., 1991. "Asymmetric tax competition," Journal of Urban Economics, Elsevier, vol. 30(2), pages 167-181, September.
- Lucas, Robert E, Jr, 1990. "Why Doesn't Capital Flow from Rich to Poor Countries?," American Economic Review, American Economic Association, vol. 80(2), pages 92-96, May.
- Borensztein, E. & De Gregorio, J. & Lee, J-W., 1998.
"How does foreign direct investment affect economic growth?1,"
Journal of International Economics, Elsevier, vol. 45(1), pages 115-135, June.
- Jong-Wha Lee & Mr. Jose De Gregorio & Mr. Eduardo Borensztein, 1994. "How Does Foreign Direct Investment Affect Economic Growth," IMF Working Papers 1994/110, International Monetary Fund.
- Eduardo Borensztein & Jose De Gregorio & Jong-Wha Lee, 1995. "How Does Foreign Direct Investment Affect Economic Growth?," NBER Working Papers 5057, National Bureau of Economic Research, Inc.
- Jan Willem Gunning & Paul Collier, 1999.
"Explaining African Economic Performance,"
Journal of Economic Literature, American Economic Association, vol. 37(1), pages 64-111, March.
- Paul Collier & Jan Willem Gunning, 1997. "Explaining African economic performance," CSAE Working Paper Series 1997-02.2, Centre for the Study of African Economies, University of Oxford.
- Dani Rodrik, 1998.
"Has Globalization Gone Too Far?,"
Challenge, Taylor & Francis Journals, vol. 41(2), pages 81-94, March.
- Dani Rodrik, 1997. "Has Globalization Gone Too Far?," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 57, April.
- Kanbur, Ravi & Keen, Michael, 1993.
"Jeux Sans Frontieres: Tax Competition and Tax Coordination When Countries Differ in Size,"
American Economic Review, American Economic Association, vol. 83(4), pages 877-892, September.
- Ravi Kanbur & Michael Keen, 1991. "Jeux Sans Frontieres: Tax Competition and Tax Coordination when Countries Differ in Size," Working Paper 819, Economics Department, Queen's University.
- Günther G. Schulze & Heinrich W. Ursprung, 1999. "Globalisation of the Economy and the Nation State," The World Economy, Wiley Blackwell, vol. 22(3), pages 295-352, May.
- Martin J. Osborne & Al Slivinski, 1996.
"A Model of Political Competition with Citizen-Candidates,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(1), pages 65-96.
- Martin J. Osborne & Al Slivinksi, 1995. "A Model of Political Competition with Citizen-Candidates," Department of Economics Working Papers 1995-01, McMaster University.
- Jian, Tianlun & Sachs, Jeffrey D. & Warner, Andrew M., 1996.
"Trends in regional inequality in China,"
China Economic Review, Elsevier, vol. 7(1), pages 1-21.
- Jian, Tianlun & Sachs, Jeffrey & Warner, Andrew, 1995. "Trends In Regional Inequality In China," Harvard Institute for International Development (HIID) Papers 294049, Harvard University, Kennedy School of Government.
- Jian, T & Sachs, J-D & Warner, A-M, 1995. "Trends in Regional Inequality in China," Papers 518, Harvard - Institute for International Development.
- Tianlun Jian & Jeffrey D. Sachs & Andrew M. Warner, 1996. "Trends in Regional Inequality in China," NBER Working Papers 5412, National Bureau of Economic Research, Inc.
- Timothy Besley & Stephen Coate, 1997.
"An Economic Model of Representative Democracy,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 112(1), pages 85-114.
- Tim Besley & Stephen Coate, "undated". ""An Economic Model of Representative Democracy''," CARESS Working Papres 95-02, University of Pennsylvania Center for Analytic Research and Economics in the Social Sciences.
- Tim Besley & Stephen Coate, "undated". "An Economic Model of Representative Democracy," Penn CARESS Working Papers ecf70d639d700dba5327ab0c8, Penn Economics Department.
- N. Gregory Mankiw & David Romer & David N. Weil, 1992.
"A Contribution to the Empirics of Economic Growth,"
The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 107(2), pages 407-437.
- N. Gregory Mankiw & David Romer & David Weil, 1990. "A Contribution to the Empirics of Economic Growth," Working Papers 1990-24, Brown University, Department of Economics.
- N. Gregory Mankiw & David Romer & David N. Weil, 1990. "A Contribution to the Empirics of Economic Growth," NBER Working Papers 3541, National Bureau of Economic Research, Inc.
- Eichengreen, Barry & Wyplosz, Charles & Arteta, Carlos, 2001.
"When Does Capital Account Liberalization Help More Than it Hurts?,"
CEPR Discussion Papers
2910, C.E.P.R. Discussion Papers.
- Carlos Arteta & Barry Eichengreen & Charles Wyplosz, 2001. "When Does Capital Account Liberalization Help More than It Hurts?," NBER Working Papers 8414, National Bureau of Economic Research, Inc.
- Wilson, John Douglas & Wildasin, David E., 2004. "Capital tax competition: bane or boon," Journal of Public Economics, Elsevier, vol. 88(6), pages 1065-1091, June.
- Wilson, John Douglas, 1999. "Theories of Tax Competition," National Tax Journal, National Tax Association;National Tax Journal, vol. 52(2), pages 269-304, June.
- John Ferejohn, 1986. "Incumbent performance and electoral control," Public Choice, Springer, vol. 50(1), pages 5-25, January.
- Barry J. Nalebuff & Joseph E. Stiglitz, 1983. "Prices and Incentives: Towards a General Theory of Compensation and Competition," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 21-43, Spring.
- George R. Zodrow & Peter Mieszkowski, 2019.
"Pigou, Tiebout, Property Taxation, and the Underprovision of Local Public Goods,"
World Scientific Book Chapters, in: George R Zodrow (ed.), TAXATION IN THEORY AND PRACTICE Selected Essays of George R. Zodrow, chapter 17, pages 525-542,
World Scientific Publishing Co. Pte. Ltd..
- Zodrow, George R. & Mieszkowski, Peter, 1986. "Pigou, Tiebout, property taxation, and the underprovision of local public goods," Journal of Urban Economics, Elsevier, vol. 19(3), pages 356-370, May.
- Wilson, John Douglas, 1999. "Theories of Tax Competition," National Tax Journal, National Tax Association, vol. 52(n. 2), pages 269-304, June.
- Robert Barro, 1973. "The control of politicians: An economic model," Public Choice, Springer, vol. 14(1), pages 19-42, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Krishanu Karmakar & Jorge Martinez-Vazquez, 2014. "Fiscal Competition versus Fiscal Harmonization: A Review of the Arguments," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1431, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
- Hannes Winner, 2005. "Has Tax Competition Emerged in OECD Countries? Evidence from Panel Data," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 12(5), pages 667-687, September.
- Zodrow, George R, 2003. "Tax Competition and Tax Coordination in the European Union," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 10(6), pages 651-671, November.
- Yutao Han & Patrice Pieretti & Benteng Zou, 2017.
"On The Desirability Of Tax Coordination When Countries Compete In Taxes And Infrastructure,"
Economic Inquiry, Western Economic Association International, vol. 55(2), pages 682-694, April.
- Yutao Han & Patrice Pieretti & Benteng Zou, 2013. "On the desirability of tax coordination when countries compete in taxes and infrastructures," DEM Discussion Paper Series 13-02, Department of Economics at the University of Luxembourg.
- Han, Yutao & Pieretti, Patrice & Zou, Benteng, 2014. "On the desirability of tax coordination when countries compete in taxes and infrastructure," Center for Mathematical Economics Working Papers 476, Center for Mathematical Economics, Bielefeld University.
- Boadway, Robin & Tremblay, Jean-François, 2012.
"Reassessment of the Tiebout model,"
Journal of Public Economics, Elsevier, vol. 96(11), pages 1063-1078.
- Robin Boadway & Jean-François Tremblay, 2010. "Reassessment of the Tiebout Model," NBER Chapters, in: Fiscal Federalism, pages 1063-1078, National Bureau of Economic Research, Inc.
- Gaëtan Nicodème, 2006. "Corporate tax competition and coordination in the European Union: What do we know? Where do we stand?," European Economy - Economic Papers 2008 - 2015 250, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Hans Pitlik, 2005. "Folgt die Steuerpolitik in der EU der Logik des Steuerwettbewerbs," Diskussionspapiere aus dem Institut für Volkswirtschaftslehre der Universität Hohenheim 256/2005, Department of Economics, University of Hohenheim, Germany.
- Petchey, Jeffrey D. & Shapiro, Perry, 2009. "Equilibrium in fiscal competition games from the point of view of the dual," Regional Science and Urban Economics, Elsevier, vol. 39(1), pages 97-108, January.
- Sorensen, Peter Birch, 2004. "International tax coordination: regionalism versus globalism," Journal of Public Economics, Elsevier, vol. 88(6), pages 1187-1214, June.
- Kempf, Hubert & Rota-Graziosi, Grégoire, 2010.
"Endogenizing leadership in tax competition,"
Journal of Public Economics, Elsevier, vol. 94(9-10), pages 768-776, October.
- Grégoire Rota-Graziosi & Hubert Kempf, 2010. "Endogenizing leadership in tax competition," PSE-Ecole d'économie de Paris (Postprint) halshs-00523585, HAL.
- Grégoire Rota-Graziosi & Hubert Kempf, 2010. "Endogenizing leadership in tax competition," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-00523585, HAL.
- Grégoire Rota-Graziosi & Hubert Kempf, 2010. "Endogenizing leadership in tax competition," Post-Print halshs-00523585, HAL.
- Ohad Raveh, 2013.
"Dutch Disease, factor mobility, and the Alberta Effect: the case of federations,"
Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 46(4), pages 1317-1350, November.
- Ohad Raveh, 2013. "Dutch Disease , factor mobility, and the Alberta Effect : the case of federations," Canadian Journal of Economics, Canadian Economics Association, vol. 46(4), pages 1317-1350, November.
- Ohad Raveh, 2012. "Dutch Disease, Factor Mobility, and the Alberta Effect: The case of federations," OxCarre Working Papers 100, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
- Braid, Ralph M., 2013. "State and local tax competition in a spatial model with sales taxes and residential property taxes," Journal of Urban Economics, Elsevier, vol. 75(C), pages 57-67.
- Wilson, John Douglas & Wildasin, David E., 2004. "Capital tax competition: bane or boon," Journal of Public Economics, Elsevier, vol. 88(6), pages 1065-1091, June.
- Marceau, Nicolas & Mongrain, Steeve & Wilson, John D., 2010.
"Why do most countries set high tax rates on capital?,"
Journal of International Economics, Elsevier, vol. 80(2), pages 249-259, March.
- Nicolas Marceau & Steeve Mongrain & John D. Wilson, 2007. "Why Do Most Countries Set Higher Tax Rates on Capital?," Discussion Papers dp07-09, Department of Economics, Simon Fraser University.
- Nicolas Marceau & Steeve Mongrain & John D. Wilson, 2007. "Why Do Most Countries Set High Tax Rates on Capital?," Cahiers de recherche 0711, CIRPEE.
- Leonzio Rizzo, 2006. "Le inefficienze della competizione fiscale: una rassegna dei principali modelli teorici," Economia politica, Società editrice il Mulino, issue 1, pages 89-120.
- Parry, Ian W. H., 2003.
"How large are the welfare costs of tax competition?,"
Journal of Urban Economics, Elsevier, vol. 54(1), pages 39-60, July.
- Parry, Ian, 2001. "How Large are the Welfare Costs of Tax Competition?," RFF Working Paper Series dp-01-28, Resources for the Future.
- Parry, Ian W.H., 2001. "How Large Are the Welfare Costs of Tax Competition?," Discussion Papers 10848, Resources for the Future.
- Brangewitz, Sonja & Brockhoff, Sarah, 2017. "Sustainability of coalitional equilibria within repeated tax competition," European Journal of Political Economy, Elsevier, vol. 49(C), pages 1-23.
- Signe Krogstrup, 2002. "What do Theories of Tax Competition Predict for Capital Taxes in EU Countries? A Review of the Tax Competition Literature," IHEID Working Papers 05-2002, Economics Section, The Graduate Institute of International Studies.
- Toshihiro Ihori & C. C. Yang, 2008. "Interregional Tax Competition and Intraregional Political Competition: The Optimal Provision of Public Goods," CIRJE F-Series CIRJE-F-553, CIRJE, Faculty of Economics, University of Tokyo.
- Patricia Sanz‐Córdoba & Bernd Theilen, 2018.
"Partial Tax Harmonization Through Infrastructure Coordination,"
Economic Inquiry, Western Economic Association International, vol. 56(2), pages 1399-1416, April.
- Sanz Córdoba, Patrícia & Theilen, Bernd, 1965-, 2016. "Partial tax harmonization through infrastructure coordination," Working Papers 2072/261535, Universitat Rovira i Virgili, Department of Economics.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:aea:aecrev:v:95:y:2005:i:3:p:817-830. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Michael P. Albert (email available below). General contact details of provider: https://edirc.repec.org/data/aeaaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.