This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Local Fiscal Strategy to Retain Heterogeneous Firms

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Kilkenny, Maureen
Melkonyan, Tigran

Additional information is available for the following registered author(s):

Abstract

This paper is about the strategy of retaining unobserveably heterogeneous firms attracted by unobserveably valued outside alternatives. We prove that differentiating tax/public good fiscal packages within one?s own locale dominates offering the same packages to all firms. We 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. Mobile agents can earn rents under some conditions, and immobile agents earn rents under others. Ways to minimize budgetary exposure in tax wars and effects on the composition of local economies are discussed.

Download Info
To our knowledge, this item is not available for download. To find whether it is available, there are three options:
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.

Publisher Info
Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 10166.

Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Length:
Date of creation: 03 Jan 2003
Date of revision:
Publication status: Published in Journal of Regional Science, November 2002, Vol. 42, No. 4, pp. 753-771.
Handle: RePEc:isu:genres:10166

Contact details of provider:
Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
Email:
Web page: http://www.econ.iastate.edu
More information through EDIRC

For technical questions regarding this item, or to correct its listing, contact: (Stephanie Bridges).

Related research
Keywords:

Other versions of this item:

Find related papers by JEL classification:
D8 - Microeconomics - - Information, Knowledge, and Uncertainty
H3 - Public Economics - - Fiscal Policies and Behavior of Economic Agents
H7 - Public Economics - - State and Local Government; Intergovernmental Relations
R5 - Urban, Rural, and Regional Economics - - Regional Government Analysis

This paper has been announced in the following NEP Reports:

Statistics
Access and download statistics

Did you know? RePEc stands for Research Papers in Economics.

This page was last updated on 2009-12-3.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.