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Migration and Fiscal Competition within a Union / Assaf Razin, Efraim Sadka.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Razin, Assaf.
Contributor:
National Bureau of Economic Research.
Sadka, Efraim.
Series:
Working Paper Series (National Bureau of Economic Research) no. w19282.
NBER working paper series no. w19282
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2013.
Summary:
We develop a stylized EU-type model of a union consisting of rich, capital-abundant and high productivity countries, and poor, capital-scarce and low productivity countries. We address two main issues: the efficiency of tax competition and the effect of factor mobility on the size of the welfare state. We identify a fiscal externality which impairs the efficiency of tax competition. We also demonstrate how capital mobility within the union strengthens the competition over migrants from outside of the union.
Notes:
Print version record
August 2013.

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