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Autor:innen: 
Erscheinungsjahr: 
2011
Quellenangabe: 
[Journal:] SPOUDAI - Journal of Economics and Business [ISSN:] 2241-424X [Volume:] 61 [Issue:] 1/2 [Publisher:] University of Piraeus [Place:] Piraeus [Year:] 2011 [Pages:] 80-117
Verlag: 
University of Piraeus, Piraeus
Zusammenfassung: 
In the present work we try to find out whether the existence of positive international externalities generates an incentive for cooperation between governments and if the adoption of a transfer payments scheme moderates that intensive. We adopt a simple economic model incorporating the international linkage of national economies. Utility proves always to be higher when countries cooperate than when they play Nash to each other. We then add a transfer payment scheme and prove it intensifies the intensive to cooperate, since a moral hazard problem arises on the top of the free riding problem.
Schlagwörter: 
Optimal Taxation
International Policy Coordination
Production Externalities
Foreign Aid
Intertemporal Choice
JEL: 
H23
F35
F42
Dokumentart: 
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