[en] This chapter reviews recent theoretical work on the effect of factor mobility and the
ensuing tax competition on the capacity of governments to raise revenue and redistribute
income. It focuses on three issues: the relevance and limitations of the "race to the
bottom" result, the benefits and pitfalls of partial coordination and the incidence of
factors mobility on social security systems.
Research Center/Unit :
CREPP - Centre de Recherche en Économie Publique et de la Population - ULiège
Disciplines :
Economic systems & public economics
Author, co-author :
Cremer, Helmuth; University of Toulouse
Pestieau, Pierre ; Université de Liège - ULiège > HEC-Ecole de gestion > HEC-Ecole de gestion
Language :
English
Title :
Factor Mobility and Redistribution
Publication date :
2004
Main work title :
Handbook of Regional and Urban Economics. Volume 4
