haku: @author Wang, Y. / yhteensä: 22
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| Tekijä: | Wang, Y. |
| Otsikko: | Commodity taxes under fiscal competition: Stackelberg equilibrium and optimality |
| Lehti: | American Economic Review
1999 : SEP, VOL. 89:4, p. 974-981 |
| Asiasana: | ECONOMICS COMMODITIES TAXATION |
| Kieli: | eng |
| Tiivistelmä: | The present paper investigates the Stackelberg equilibrium in the Kanbur and Keen (1993) model and compares the Stackelberg equilibrium with the Nash equilibrium. In particular, the paper shows that the Stackelberg equilibrium strictly dominates the Nash equilibrium, in the sense that each of the two neighboring regions under consideration could collect higher tax revenues if both chose the corresponding Stackelberg tax rates. |
SCIMA