Does capital mobility reduce the corporate-labor tax ratio?

Public Choice

Volumn 130, Issue 3-4, 2007, Pages 363-380

  Schwarz, Peter ^a  

^a UNIVERSITY OF GÖTTINGEN   (Germany)

Author keywords

Capital mobility; Corporate taxation; Relative tax burden

Indexed keywords

EID: 33847329598     PISSN: 00485829     EISSN: None     Source Type: Journal    
DOI: 10.1007/s11127-006-9092-2     Document Type: Article

References (54)

1. Alesina, A., &Drazen, A. (1991). Why are stabilizations delayed? American Economic Review, 81, 1170-1188.
2. Apolte, T. (2001). How tame will leviathan become in institutional competition - competition among governments in the provision of public goods. Public Choice, 107, 359-381.
3. Ashworth, J., & Heyndels, B. (2001). Political fragmentation and the evolution of national tax structures in the OECD. International Tax & Public Finance, 8, 377-393.
4. Baldwin, R., & Krugman, P. (2004). Agglomeration, integration and tax harmonization. European Economic Review, 48, 639-658.
5. Bank Account for Companies Harmonized (2005): http://www.europa.eu.int/ comm/economy.finance/indicators/database.htm. Accessed, 20.4.2005.
6. Beck, T., Clarke, G., Groff, A., Keefer, P., & Walsh, P. (2001). New tools in comparative political economy: The database of political institutions. World Bank Economic Review, 15, 165-176.
7. Besley, T., & Case, A. (1995). Incumbent behaviour: Vote seeking, tax setting and yardstick competition. American Economic Review, 85, 25-45.
8. Bretschger, L., & Hettich, F. (2002). Globalization, capital mobility and tax competition: Theory and evidence for OECD countries. European Journal of Political Economy, 18(4), 695-716.
9. Bucovetsky, S. (1991). Asymmetric tax competition. Journal of Urban Economics, 30, 167-181.
10. Bucovetsky, S., & Wilson, J.D. (1991). Tax competition with two tax instruments. Regional Science and Urban Economics, 21, 333-350.
11. Chakrabarti, A. (2001). The determinants of foreign direct investment: Sensitivity analyses of cross-country regressions. Kyklos, 54, 89-114.
12. Carey, D., & Rabesona, J. (2002). Average Effective Tax Rates on Capital, Labour and Consumption, CESifo Workshop on "Measuring the Tax Burden on Capital and Labor", Munich.
13. Cusack, T., & Fuchs, S. (2002). Parties, Governments and Legislatures Data Set. Wissenschaftszentrum Berlin.
14. Daveri, F., & Tabellini, G. (2000). Unemployment, growth and taxation in industrial countries. Economic Policy, 30, 49-104.
15. De Haan, J., Sturm, J.-E., & Volkerink, B. (2004). How to measure the tax burden on labor at the macro level? In: P.B. Sörensen (Ed.), Measuring the tax burden on capital and labour. CESifo Seminar Series, MIT Press Cambridge.
16. Devereux, M.P., Griffith, R., & Klemm, A. (2002). Corporate income tax reforms and international tax competition. Economic Policy, 35, 449-488.
17. Devereux, M.P., & Griffith, R. (2003). Evaluating tax policy for location decisions. International Tax and Public Finance, 10, 107-126.
18. Devereux, M.P., Lockwood, B., & Redoano. M. (2002). Do Countries Compete over Corporate Tax Rates? Discussion Paper, University Warwick.
19. Dreher, A. (2006). The influence of globalization on taxes and social policy: An empirical analysis for OF/CD countries. European Journal of Political Economy, forthcoming.
20. Edwards, J., & Keen, M. (1996). Tax competition and leviathan. European Economic Review, 40, 113-134.
21. Ernst & Young (2003). Worldwide Corporate Tax Guide.
22. Garett, G. (1995). Capital mobility, trade and the domestic politics of economic policy. International Organization, 45, 657-687.
23. Garett, G., & Mitchell, D. (2001). Globalization, government spending and taxation in the OECD. European Journal of Political Research, 39, 145-177.
24. Grubert, H., & Mutti, J. (1991). Taxes, tariffs and transfer pricing in multinational corporate decision making. Review of Economics and Statistics, 73, 285-293.
25. Haaparanta, P. (1996). Competition for foreign direct investments. Journal of Public Economics, 63, 141-153.
26. Hays, J.C. (2003). Globalization and capital taxation in consensus and majoritarian democracies. World Politics, 56, 79-113.
27. Hibbs, D.A. (1977). Political parties and macroeconomic policy. American Political Science Review, 71, 1467-1487.
28. Hines, J.R., & Rice, E.M. (1994). Fiscal paradise: Foreign tax havens and American Business. Quarterly Journal of Economics, 109, 149-182.
29. Keen, M., & Marchand, M. (1997). Fiscal competition and the pattern of public spending. Journal of Public Economics, 63, 33-53.
30. King, M.A., & Fullerton, D. (1984). The taxation of income from capital: A comparative study of the United States, the United Kingdom, Sweden and West Germany. Chicago: University of Chicago Press.
31. Kittel, B., & Winner, H. (2005). How reliable is pooled analysis in political economy? The globalization-welfare state nexus revisited. European Journal of Political Research, 44, 269-293.
32. Krogstrup, S. (2004). Are Corporate Tax Burdens Racing to the Bottom in the European Union? EPRU Working Paper 2004-04, University of Copenhagen.
33. Ludema, R.D., & Wooton, I. (2000). Economic geography and the fiscal effects of regional integration. Journal of International Economics, 52, 331-357.
34. Mendoza, E.G., Razin A., & Tesar, L.L. (1994). Effective tax rates in macroeconomics: Cross-country estimates of tax rates on factor incomes and consumption. Journal of Monetary Economics, 34, 297-323.
35. Nickell, S.J., & Layard, R. (1999). Labor market institutions and economic performance. In: O. Ashfelter, & D. Card (Eds.), Handbook of Labor Economics (Vol. 3C). Amsterdam: North Holland.
36. Nicodeme, G. (2001). Computing Effective Corporate Tax Rates: Comparisons and Results. Directorate General for Economic and Financial Affairs: Working Paper 153.
37. OECD (1991). Taxing Profits in a Global Economy: Domestic and International Issues. Paris.
38. OECD (2005). National Accounts Vol. II. Paris.
39. OECD (2004). Revenue Statistics. Paris.
40. Primarolo-Bericht (2000). Bericht der Gruppe " Verhaltenskodex" (Unternehmens-besteuerung) an den Rat " Wirtschaft und Finanzen ".
41. Rodrik, D. (1997). Trade, Social Insurance, and the Limits to Globalization. NBER Working Paper 5905.
42. Ruding Report (1992). Report of the Comitee of Independent Experts on Company Taxation Brusels and Luxembourg.
43. Quinn, D. (1997). The correlates of change in international financial regulation. America! Political Science Review, 91(3), 531-551.
44. Schwarz, P. (2005). Do Countries Engage in Tax Competition? An Empirical Analysis for the OECD Countries Using Various Indicators of the Tax Burden. Working Paper, University of Göttingen.
45. Sörensen, P.B. (Ed.) (2004). Measuring the Tax Burden on Capital and Labour. CESifo Seminar Series, Cambridge: MIT Press.
46. Swank, D. (2002). Global capital, political institutions, and policy change in developed welfare states. Cambridge: Cambridge University Press.
47. Swank, D., & Steinmo, S. (2002). The new political economy of taxation in advanced capitalist democracies. American Journal of Political Science, 46, 642-655.
48. Volkerink, B. (2001). Deficits and taxes: Essays on the political economy of fiscal policy. Capelle: Labyrint Publication.
49. Volkerink, B., & de Haan, J. (2001a). Fragmented government effects on fiscal policy: New evidence. Public Choice, 109, 221-242.
50. Volkerink, B., & de Haan, J. (2001b). Tax ratios: A critical survey. OECD Tax Policy Studies 5.
51. Wilson, J.D. (1991). Tax competition with interregional differences in factor endowments. Regional Sciene and Urban Economics, 21, 423-451.
52. Wilson, J.D. (1999). Theories of tax competition. National Tax Journal, 52, 269-304.
53. Winner, H. (2005). Has tax competition emerged in OF/CD countries? Evidence from panel data. International Tax & Public Finance, 12, 667-687.
54. Zodrow, G., & Mieszkowski, P. (1986). Pigou, tiebout, property taxation, and the underprovision of local public goods. Journal of Urban Economics, 19, 356-370.