EconStor >
ifo Institut – Leibniz-Institut für Wirtschaftsforschung an der Universität München >
CESifo Working Papers, CESifo Group Munich >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/30607
  
Title:Fiscal competition for imperfectly-mobile labor and capital : a comparative dynamic analysis PDF Logo
Authors:Wildasin, David E.
Issue Date:2009
Series/Report no.:CESifo working paper 2808
Abstract:Interjurisdictional flows of imperfectly-mobile migrants, investment, and other productive resources result in the costly dynamic adjustment of resource stocks. This paper investigates the comparative dynamics of adjustment to changes in local fiscal policy with two imperfectly mobile productive resources. The intertemporal adjustments for both resources depend on complementarity/substitutability in production and the adjustment cost technologies for each, implying that the evaluation of the fiscal treatment of one resource must account for the simultaneous adjustment of both.
Subjects:fiscal competition
labor mobility
capital mobility
comparative dynamics
JEL:B23
H22
H71
H87
J61
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

Files in This Item:
File Description SizeFormat
611197650.pdf285.68 kBAdobe PDF
No. of Downloads: Counter Stats
Download bibliographical data as: BibTeX
Share on:http://hdl.handle.net/10419/30607

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.