Redistribution, Fiscal Competition, and the Politics of Economic Integration
研究两个国家在收入再分配背景下，要素市场一体化对财政竞争和再分配能力的影响，发现从部分一体化转向完全一体化可能缓解财政竞争，增加再分配并改善多数人福利。
The paper examines the consequences of the economic integration of factor markets in a model with two countries that redistribute income among their residents. The social benefits in each country are financed by a source based tax on capital which is democratically chosen by its inhabitants. If either capital or labour is internationally mobile, the countries engage in fiscal competition and the partial integration of capital or labour markets is detrimental to the countries' redistributive ability. A move from partial to full integration, however, may alleviate rather than intensify fiscal competition, particularly, if the two countries face sufficiently similar economic and political conditions. In such a situation, for example, tax competition for mobile capital is softened as the labour market becomes more integrated and even vanishes if both factors are fully mobile. As a result, there is more redistribution in equilibrium and a majority of the population in each country is strictly better off. Copyright 2002, Wiley-Blackwell.