Strategic Capital Taxation in Large Open Economies with Mobile Capital
AbstractThe purpose of this paper is to provide a methodologyfor computing time-consistent, strategic capital taxes in a largeopen economy and to analyze the nature of these taxes. Our resultssuggest that even if a full set of nondistortionary taxes isunavailable and even if the government has redistributive goals,the country which imports capital should tax corporate capitaland the capital exporter should subsidize it. We perform comparativestatics experiments to show how strategically chosen taxes varywith the parameters of the model. JEL classifications: H21,E62 Copyright Kluwer Academic Publishers 1997
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Bibliographic InfoArticle provided by Springer in its journal International Tax and Public Finance.
Volume (Year): 4 (1997)
Issue (Month): 3 (July)
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Web page: http://www.springerlink.com/link.asp?id=102915
capital taxation; capital mobility;
Other versions of this item:
- Jiming Ha & Anne Sibert,, 1996. "Strategic Capital Taxation in Large Open Economies with Mobile Capital," Archive Discussion Papers 9608, Birkbeck, Department of Economics, Mathematics & Statistics.
- Jiming Ha & Anne Sibert, 1992. "Strategic capital taxation in large, open economies with mobile capital," Research Working Paper 92-01, Federal Reserve Bank of Kansas City.
- H21 - Public Economics - - Taxation, Subsidies, and Revenue - - - Efficiency; Optimal Taxation
- E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy
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