Title of article
Does tax competition soften regional budget constraint?
Author/Authors
Marie-Laure Breuillé، نويسنده , , Thierry Madiès، نويسنده , , Emmanuelle Taugourdeau، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2006
Pages
7
From page
230
To page
236
Abstract
This paper analyses the impact of both horizontal and vertical tax competition on central government transfers towards regions, as well as on the softness of the regional budget constraint. We show that tax interactions have no impact on the optimal central government grant whereas they harden the regional budget constraint when the regional debt is not too heavy.
Keywords
Soft budget constraint , Tax competition , Fiscal federalism
Journal title
Economics Letters
Serial Year
2006
Journal title
Economics Letters
Record number
435853
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