Agglomeration, tax competition, and fiscal equalization

• Autores: Matthias Wrede
• Localización: Documents de treball IEB, Nº. 5, 2009
• Idioma: español
• Enlaces
  • Texto completo (pdf)
• Resumen

  • This paper analyzes the impact of fiscal equalization on asymmetric tax competition when positive agglomeration externalities are present. It shows that equalization of standardized tax revenue improves the spatial allocation of capital provided that agglomeration externalities are sufficiently strong.