Logo
Munich Personal RePEc Archive

Global Corporate Income Tax Competition, Knowledge Spillover, and Growth

Maebayashi, Noritaka and Morimoto, Keiichi (2022): Global Corporate Income Tax Competition, Knowledge Spillover, and Growth.

This is the latest version of this item.

[img]
Preview
PDF
MPRA_paper_114602.pdf

Download (257kB) | Preview

Abstract

We analyze the welfare consequences of global corporate income tax competition, using a two-country model of endogenous growth with international knowledge spillovers. Al- though the Nash equilibrium tax rate can be excessively high or low, according to the degree of spillover, this does not lead to significant welfare losses. The key to this outcome is that corporate income tax competition for growth maximization, which we consider hypothetically, attains the maximum growth rate, despite complex externalities and strategic interactions.

Available Versions of this Item

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.