The University of Southampton
University of Southampton Institutional Repository

Optimal federal capital income taxation

Kotsogiannis, C. and Makris, M. (1998) Optimal federal capital income taxation , Southampton, GB University of Southampton (Discussion Papers in Economics and Econometrics, 9820).

Record type: Monograph (Discussion Paper)

Abstract

Intergovernmental grants are not available to all federations. In this paper, optimal federal tax policies in a multileveled government framework are studied, when the federal authority has no access to intergovernmental grants, and the state governments implement the residence principle. A vertical fiscal externality exists. The federal government, using the available tax instruments, has a dual role; it corrects the inefficiences that arise from the non-cooperative behaviour of the state governments and also redistributes income. It is shown that there may exist a conflict in the redistributional considerations of the federal government and the achievement of production efficiency between the federation and the rest of the world.

Full text not available from this repository.

More information

Published date: January 1998

Identifiers

Local EPrints ID: 33172
URI: http://eprints.soton.ac.uk/id/eprint/33172
PURE UUID: 6b22a11e-fde0-4847-8594-0699b92d8d0c

Catalogue record

Date deposited: 25 Jan 2008
Last modified: 17 Jul 2017 15:53

Export record

Contributors

Author: C. Kotsogiannis
Author: M. Makris

University divisions

Download statistics

Downloads from ePrints over the past year. Other digital versions may also be available to download e.g. from the publisher's website.

View more statistics

Atom RSS 1.0 RSS 2.0

Contact ePrints Soton: eprints@soton.ac.uk

ePrints Soton supports OAI 2.0 with a base URL of http://eprints.soton.ac.uk/cgi/oai2

This repository has been built using EPrints software, developed at the University of Southampton, but available to everyone to use.

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we will assume that you are happy to receive cookies on the University of Southampton website.

×