Partial vs. Global Coordination of Capital Income Tax Policies
Coordination of tax policies among policy makers is an often considered remedy against inefficiently low taxes on mobile tax bases induced by tax competition. Tax coordination may, however, not be particularly successful if some countries do not take part in the coordination. The outcome of such "partial coordination" in capital income taxation is derived within a linear-quadratic tax competition model with imperfect capital mobility, and the results suggest that the critical mass of countries needed for partial coordination to matter significantly is likely to be a very large percentage of the economies of the world, with the main benefits accruing to countries not participating. This may call for implementation of a global capital income tax treaty administered along the lines of the WTO trade agreements.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- David E. Wildasin, 2000.
"Factor mobility and fiscal policy in the EU: policy issues and analytical approaches,"
CEPR;CES;MSH, vol. 15(31), pages 337-378, October.
- David E. Wildasin, 2000. "Factor Mobility and Fiscal Policy in the EU: Policy Issues and Analytical Approaches," CESifo Working Paper Series 344, CESifo Group Munich.
- Wildasin, David E., 1999. "Factor mobility and fiscal policy in the EU: policy issues and analytical approaches," ZEW Discussion Papers 99-35, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
- Beaudry, Paul & Cahuc, Pierre & Kempf, Hubert, 2000.
" Is It Harmful to Allow Partial Cooperation?,"
Scandinavian Journal of Economics,
Wiley Blackwell, vol. 102(1), pages 1-21, March.
- Bucovetsky, Sam & Wilson, John Douglas, 1991. "Tax competition with two tax instruments," Regional Science and Urban Economics, Elsevier, vol. 21(3), pages 333-350, November.
- Wilson, John D., 1986. "A theory of interregional tax competition," Journal of Urban Economics, Elsevier, vol. 19(3), pages 296-315, May.
- Roger H. Gordon, 1990.
"Can Capital Income Taxes Survive in Open Economies?,"
NBER Working Papers
3416, National Bureau of Economic Research, Inc.
- Gordon, Roger H, 1992. " Can Capital Income Taxes Survive in Open Economies?," Journal of Finance, American Finance Association, vol. 47(3), pages 1159-80, July.
- Zodrow, George R. & Mieszkowski, Peter, 1986. "Pigou, Tiebout, property taxation, and the underprovision of local public goods," Journal of Urban Economics, Elsevier, vol. 19(3), pages 356-370, May.
- PERALTA, Susana & van YPERSELE, Tanguy, 2002. "Capital tax competition among an arbitrary number of asymmetric countries," CORE Discussion Papers 2002031, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Bacchetta, Philippe & Espinosa, Maria Paz, 1995.
"Information sharing and tax competition among governments,"
Journal of International Economics,
Elsevier, vol. 39(1-2), pages 103-121, August.
- Philippe Bacchetta & Maria Paz Espinosa, 1993. "Information Sharing and Tax Competition Among Governments," CEPR Financial Markets Paper 0028, European Science Foundation Network in Financial Markets, c/o C.E.P.R, 77 Bastwick Street, London EC1V 3PZ..
- Bacchetta, P. & Paz Espinosa, M., 1992. "Information Sharing and Tax Competition Among Governments," UFAE and IAE Working Papers 173.92, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC).
- Wilson, John Douglas, 1999. "Theories of Tax Competition," National Tax Journal, National Tax Association, vol. 52(n. 2), pages 269-304, June.
- Wilson, John Douglas, 1991.
"Tax competition with interregional differences in factor endowments,"
Regional Science and Urban Economics,
Elsevier, vol. 21(3), pages 423-451, November.
- Wilson, J.D., 1990. "Tax Competition With Interregional Differences In Factor Endowments," Working Papers 4, John Deutsch Institute for the Study of Economic Policy.
- Bucovetsky, S., 1991. "Asymmetric tax competition," Journal of Urban Economics, Elsevier, vol. 30(2), pages 167-181, September.
When requesting a correction, please mention this item's handle: RePEc:aah:aarhec:2001-3. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.