INTERNATIONAL TAX COMPETITION AND THE DEFICIT BIAS

Calin Arcalean

Producció científica: Article en revista indexadaArticleAvaluat per experts

10 Cites (Scopus)

Resum

I analyze the dynamic effects of tax competition on public budget deficits. I find that stronger tax competition leads to a fiscal deficit bias at the early stages of financial liberalization. When countries differ in terms of capital mobility, further liberalization leads to external imbalances and diverging fiscal deficits while corporate tax rates converge. Consistent with theory, I find that stronger tax competition increases deficits in a sample of OECD countries, controlling for tax revenues and other standard determinants of fiscal deficits. (JEL E62, F62).

Idioma originalAnglès
Pàgines (de-a)51-72
Nombre de pàgines22
RevistaEconomic Inquiry
Volum55
Número1
DOIs
Estat de la publicacióPublicada - 1 de gen. 2017
Publicat externament

Fingerprint

Navegar pels temes de recerca de 'INTERNATIONAL TAX COMPETITION AND THE DEFICIT BIAS'. Junts formen un fingerprint únic.

Com citar-ho