The Library
Tax incidence, majority voting and capital market integration
Tools
Tools
Tools
Lockwood, Ben and Makris, Miltiadis (2006) Tax incidence, majority voting and capital market integration. Journal of Public Economics, 90 (6-7). pp. 1007-1025. doi:10.1016/j.jpubeco.2005.06.005 ISSN 0047-2727.
Research output not available from this repository.
Request-a-Copy directly from author or use local Library Get it For Me service.
Official URL: http://dx.doi.org/10.1016/j.jpubeco.2005.06.005
Abstract
We re-examine, from a political economy perspective, the standard view that higher capital mobility results in lower capital taxes - a view, in fact, that is not confirmed by the available empirical evidence. We show that when a small economy is opened to capital mobility, the change of incidence of a tax on capital-from capital owners to owners of the immobile factor-may interact in such a way with political decision-making so as to cause a rise in the equilibrium tax. This can happen whether or not the immobile factor (labour) can be taxed, and whether or not savings can be subsided under capital mobility. (c) 2005 Published by Elsevier B.V.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
| Divisions: | Faculty of Social Sciences > Economics | ||||
| Journal or Publication Title: | Journal of Public Economics | ||||
| Publisher: | Elsevier | ||||
| ISSN: | 0047-2727 | ||||
| Official Date: | 2006 | ||||
| Dates: |
|
||||
| Volume: | 90 | ||||
| Number: | 6-7 | ||||
| Number of Pages: | 19 | ||||
| Page Range: | pp. 1007-1025 | ||||
| DOI: | 10.1016/j.jpubeco.2005.06.005 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
Request changes or add full text files to a record
Repository staff actions (login required)
 |
View Item |
