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Title:
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Strategic Responses to International Tax Competition: Fiscal (De) Centralization versus Partial Tax Harmonization
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Author:
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Sanz Córdoba, Patricia; Theilen, Bernd, 1965-
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Other authors:
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Universitat Rovira i Virgili. Departament d'Economia |
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Abstract:
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This paper analyzes a country’s optimal fiscal strategy among centralization,
decentralization, and partial tax harmonization. Countries are asymmetric in
productivity levels and characterized by multi-level government such that there is
both horizontal and vertical tax competition. The main result from the analysis is
that partial tax harmonization is more difficult to achieve in fiscally decentralized
economies with high levels of productivity and low labor taxation. This result is
confirmed by recent data from the OECD and explains the observed difficulties
in achieving capital tax harmonization in the European Union.
JEL Classification Numbers: F15, F38, H20, H87
Key Words: Centralization; Decentralization; Fiscal Competition; Partial Tax
Harmonization. |
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Publication date:
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2017 |
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Subject (UDC):
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336 - Finances. Banca. Moneda. Borsa |
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Subject(s):
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Integració econòmica
Organització de Cooperació i Desenvolupament Econòmic, Països de la -- Política fiscal
Harmonització fiscal |
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Rights:
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L'accés als continguts d'aquest document queda condicionat a l'acceptació de les condicions d'ús establertes per la següent llicència Creative Commons: http://creativecommons.org/licenses/by-nc-nd/4.0/ |
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Pages:
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35 p. |
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Document type:
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Working Paper |
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Published by:
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Universitat Rovira i Virgili. Centre de Recerca en Economia Industrial i Economia Pública
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Collection:
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Documents de treball del Departament d'Economia;2017-15
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