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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP12875 |
DP12875 Fiscal Transfers in the Spatial Economy | |
Jens Südekum; Tobias Seidel; Marcel Henkel | |
发表日期 | 2018-04-17 |
出版年 | 2018 |
语种 | 英语 |
摘要 | Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for Germany, we find that it indeed delivers smaller spatial economic disparities across regions. This comes at the cost of lower national output, however, because activity is diverted away from core cities and towards remote areas with low productivity. But despite this output loss, fiscal transfers may still raise national welfare, because they effectively countervail over-congestion in large cities. |
主题 | International Trade and Regional Economics |
关键词 | Fiscal equalization Regional transfers Migration Spatial economics |
URL | https://cepr.org/publications/dp12875 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/541686 |
推荐引用方式 GB/T 7714 | Jens Südekum,Tobias Seidel,Marcel Henkel. DP12875 Fiscal Transfers in the Spatial Economy. 2018. |
条目包含的文件 | 条目无相关文件。 |
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