Harmonizing fiscal policy : indirect taxes and global public goods
López García, Miguel Ángel (Universitat Autònoma de Barcelona. Departament d'Economia Aplicada)

Date:	2024
Description:	10 pàg.
Abstract:	This article focuses on the welfare effects of the interaction of a rule of indirect tax harmonization under the destination principle and the provision of public goods that are global in nature. It stresses the role of international transfers between governments set in order to equalize the social (i. e. , worldwide) marginal cost of public funds across countries. Under this condition, it is shown how the combination of the tax and expenditure side of such a "harmonizing fiscal policy" can give rise to a potential Pareto improvement. This requires considering aggregate revenue effects (and the ensuing effects on the provision of public goods) of the fiscal reform jointly with under/over provision of public goods in the (first-best) Samuelson sense.
Grants:	Agencia Estatal de Investigación PID2021-124713OB-I00
Note:	Altres ajuts: acords transformatius de la UAB
Rights:	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, i la comunicació pública de l'obra, sempre que no sigui amb finalitats comercials, i sempre que es reconegui l'autoria de l'obra original. No es permet la creació d'obres derivades.
Language:	Anglès
Document:	Article ; recerca ; Versió publicada
Subject:	Global public goods provision ; Harmonization of fiscal policy ; Indirect taxation
Published in:	Review of international economics, Vol. 32, núm 5 (November 2024) , p2095-2104, ISSN 1467-9396

DOI: 10.1111/roie.12769

10 p, 843.9 KB

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