2012
DOI: 10.1257/aer.102.5.2349
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Interjurisdictional Spillovers, Decentralized Policymaking, and the Elasticity of Capital Supply

Abstract: Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in… Show more

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Cited by 50 publications
(45 citation statements)
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“…Exceptions are the classical double-dividend discussion (Goulder, 1995b(Goulder, , 2013) and a few applications to the problem of tax competition (Eichner and Runkel, 2012;Habla, 2014;Franks et al, 2015). But in an economy that will be significantly constrained by (mitigated or unmitigated) climate change (IPCC, 2014) the field should take ramifications of climate policy into account more, as the analysis of the major effects above has shown.…”
Section: Conclusion: Implications For Policy Assessmentmentioning
confidence: 99%
“…Exceptions are the classical double-dividend discussion (Goulder, 1995b(Goulder, , 2013) and a few applications to the problem of tax competition (Eichner and Runkel, 2012;Habla, 2014;Franks et al, 2015). But in an economy that will be significantly constrained by (mitigated or unmitigated) climate change (IPCC, 2014) the field should take ramifications of climate policy into account more, as the analysis of the major effects above has shown.…”
Section: Conclusion: Implications For Policy Assessmentmentioning
confidence: 99%
“…Eichner and Runkel [11] argue that "If the capital supply elasticity is strictly positive,… capital tax rates are inefficiently low in… decentralized equilibrium." This should not be the case under general equilibrium, prompting in turn a discussion of the burgher as follows.…”
Section: The Burghermentioning
confidence: 99%
“…Ogawa and Wildasin (2009) extend the analysis to account for transboundary pollution (spillovers) and asymmetric countries, and still get efficient capital tax rates. Eichner and Runkel (2012) point out that it is the zero capital supply elasticity which drives Ogawa and Wildasin's result. They adopt a two-period framework employed e.g.…”
Section: Introductionmentioning
confidence: 97%
“…Ogawa and Wildasin (2009) and Eichner and Runkel (2012) investigate the (in)efficiency of capital tax competition in the presence of transboundary pollution when decision-making is decentralized, i.e. when all jurisdictions/countries act non-cooperatively.…”
mentioning
confidence: 99%
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