Decentralized emission standards with tax competition [electronic resource] / by Jeffrey Petchey
- Bib ID:
- 6005366
- Format:
- Book
- Author:
- Petchey, Jeff
- Online Access:
- Archived at ANL
- Related Online Resources:
- Publisher site
- Description:
- Perth, W.A : School of Economics and Finance, Curtin University, 2009
- Series:
-
- PANDORA electronic collection.
- Working paper series (Curtin University of Technology. School of Economics and Finance. Online), 09.04. 1835-9450
- Technical Details:
-
- Mode of access: Available online. Address as at 17/7/12: http://espace.library.curtin.edu.au/R?func=dbin-jump-full&local_base=gen01-era02&object_id=131092
- System requirements: Adobe Acrobat reader to read pdf file.
- Summary:
-
We consider a game between jurisdictions within a national economy. Capital migrates between jurisdictions to satisfy an equal return condition. The total supply of capital to the economy is a non-decreasing function of the national return. This allows us to cater for the case where capital has some home bias and jurisdictions have an incentive to engage in tax competition and set non-zero capital taxes in equilibrium. We then show that this competition does not distort emissions standards and that decentralized provision of environmental policy is locally efficient. Thus, we find no evidence of a race to the bottom or top in emissions standards as a result of tax competition.
- Notes:
-
- "July 2009".
- Title from title screen (viewed on 17/7/12)
- Includes bibliographical references.
- Text.
- Selected for archiving
- Subject:
- Other authors/contributors:
- Curtin University of Technology. School of Economics and Finance
- Copyright:
-
In Copyright
You may copy under some circumstances, for example you may copy a portion for research or study. Order a copy through Copies Direct to the extent allowed under fair dealing. Contact us for further information about copying.
Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2009
Copyright status may not be correct if data in the record is incomplete or inaccurate. Other access conditions may also apply. For more information please see: Copyright in library collections.
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