Inter-regional transfers and the induced under-taxation of economic rents

Inter-regional transfers and the induced under-taxation of economic rents. Regional Studies. This paper shows that if taxes on economic rent are assigned to anticipatory first-moving regions and inter-regional transfers are mandated centrally, rents are under-taxed relative to optimal levels. This p...

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Bibliographic Details
Published inRegional studies Vol. 52; no. 2; pp. 250 - 260
Main Author Petchey, Jeffrey D.
Format Journal Article
LanguageEnglish
Published Cambridge Routledge 01.02.2018
Taylor & Francis Ltd
Subjects
Beziehungen zwischen Regierungen
diferencias regionales y sus efectos
différentiels régionaux et leurs effets
Economic models
Economic rent
Economics
economía regional
Equalization
fiscal equalization
fiskaler Finanzausgleich
Imposition
inter-governmental relations
Mutation
nivelación fiscal
péréquation fiscale
Regional development
regional differentials and their effects
regional economics
regionale Differenziale und ihre Auswirkungen
Regionalwirtschaft
relaciones intergubernamentales
relations intergouvernementales
Rents
Taxation
Taxes
économies régionales
区域差异及其效应
区域经济
政府间的关係
财政均等化
Canada
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Summary:Inter-regional transfers and the induced under-taxation of economic rents. Regional Studies. This paper shows that if taxes on economic rent are assigned to anticipatory first-moving regions and inter-regional transfers are mandated centrally, rents are under-taxed relative to optimal levels. This provides a possible explanation for low rent capture observed in Australia and Canada, two resource-rich federal economies that also have fiscal equalization transfers between regions.
ISSN:0034-3404
1360-0591
DOI:10.1080/00343404.2017.1287892