N. A. Leonova, G. V. Kolesnik, “Assessment of the impact of inter-budget relations on the nature of regional tax competition”, Vestnik TVGU. Ser. Prikl. Matem. [Herald of Tver State University. Ser. Appl. Math.], 2008, Issue 11,Pages <nobr>82

This article is cited in 1 paper

MATHEMATICAL MODELING OF ECOLOGICAL-ECONOMIC SYSTEMS

Assessment of the impact of inter-budget relations on the nature of regional tax competition

N. A. Leonova, G. V. Kolesnik

Tver State University, Tver

Abstract: The paper considers effects of inter-budget relations in federal states on the properties of regional tax competition process. The game-theoretic model of regional tax competition is formulated which takes into account hierarchic structure of the authorities and inter-budget transfers presence. The characteristics of subgame perfect equilibria corresponding to different federal transfer allocation policies are studied.

Keywords: taxation, investment, tax competition, tax privileges, regional economy.

UDC: 519.865.7

Received: 12.11.2008
Revised: 03.12.2008