Logo
EnglishCookie löschen - von nun an wird die Spracheinstellung Ihres Browsers verwendet.
Davies, Ronald B.; Eckel, Carsten (2010): Tax Competition for Heterogeneous Firms with Endogenous Entry. In: American Economic Journal: Economic Policy, Vol. 2, Nr. 1: S. 77-102

Dies ist die neueste Version des Dokumentes.

Volltext auf 'Open Access LMU' nicht verfügbar.

Abstract

This paper models tax competition for mobile firms that aredifferentiated by their productivities Because taxes affect thedistribution of firms, they affect wages prices, and the number of firmsFrom the social planner’s perspective, optimal taxes efficientlydistribute income between private and public consumption and areharmonized, providing the optimal number of firms This is not a Nashequilibrium As is common in such models equilibrium taxes areinefficiently low Furthermore there is no pure strategy equilibrium withequal taxes resulting in too many firms This illustrates a newdistortion from tax competition and a new benefit from harmonization

Alle Versionen dieses Dokumentes