Fiscal Competition: An Introduction
David Wildasin ()
Journal of Public Economic Theory, 2003, vol. 5, issue 2, 169-176
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. Copyright 2003 Blackwell Publishing Inc..
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