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Fiscal Competition: An Introduction
Author(s) -
Wildasin David E.
Publication year - 2003
Publication title -
journal of public economic theory
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.809
H-Index - 32
eISSN - 1467-9779
pISSN - 1097-3923
DOI - 10.1111/1467-9779.00128
Subject(s) - economics , competition (biology) , corporate governance , public economics , public policy , capital (architecture) , economic system , economic growth , finance , history , ecology , archaeology , biology
The papers in this special issue contribute to a rapidly growing literature that departs from traditional public economics by emphasizing that governments (including subnational governments, but also, increasingly, national governments) operate in an environment where labor and capital flow across jurisdictional boundaries. These open–economy considerations raise a host of issues for the analysis of public policy, ranging from practical problems of business taxation in a multi–jurisdictional setting to fundamental conceptual questions about the organizaton of the public sector and the evolution of the institutional structure of governance. The papers in this special issue advance many facets of this broad research program.