Local fiscal strategy to retain heterogeneous firms

Auteurs :
KILKENNY, M.
MELKONYAN, T.

Description :
The AA. prove that differentiating taxation and public good fiscal packages within one's own locale dominates offering the same packages to all firms. They rationalize the full range of observed practice by considering more than one type of firm, more than one type of fiscal instrument, and all kinds of utility in alternative locations, under asymmetric information. Ways to minimize budgetary exposure in tax wars and effects on the composition of local economies are discussed.


Type de document :
Article de périodique

Source :
Journal of regional science, issn : 0022-4146, 2002, vol. 42, n°. 4, p. 753-771, nombre de pages : 19, Collation : Illustration, Références bibliographiques : 21 ref.

Date :
2002

Editeur :
Pays édition : Etats-Unis, Amherst, MA, Regional Science Research Institute