Competing for capital in a ‘lumpy’ world

Tax competition, trade liberalization, and imperfect labour markets

“…In that case, governments can tax the agglomeration rent without any distortions. This point has been made by Ludema and Wooton (2000), Kind et al (2000) and-for partial agglomeration-by Borck and Pflüger (2006). Baldwin and Krugman (2004) draw similar conclusions and point out in addition that tax coordination will be harmful to at least one country.…”

Competition for firms in an oligopolistic industry: The impact of economic integration

“…A second literature strand has analysed tax competition for internationally mobile Þrms in models of the new economic geography (Kind et al, 2000;Baldwin and Krugman, 2004;Ottaviano and van Ypersele, 2005;Borck and Pßüger, 2006). These models employ a framework of monopolistic competition where otherwise identical Þrms produce different varieties of a composite good.…”

Onward the Spatial: an Essay on the Nature and Relevance of Regional Economics

“…Others, such as Martin, P. (1999), find that it can reduce regional inequalities but only if there is sufficient labour mobility. Finally, from a theoretical perspective, Kind et al (2000) find that fiscal instruments have no effect once agglomerative forces have taken hold. This is for tax competition across countries, although others find that the opposite is the case for national policy; thus, Jones and Wren (2009) find that fiscal inducements shift the distribution of inward foreign investment across British regions.…”