Pareto-Efficient International Taxation
分析帕累托有效的国际税收制度。由于各国面临自身预算约束，传统的生产有效性定理不适用；文章给出了在何种条件下生产有效性仍然可取，并描述了帕累托有效国际税收可能如何违反既定原则。
This paper analyzes Pareto-efficient international tax regimes. Because every country faces its own national budget constraint, the Diamond-Mirrlees production-efficiency theorem, which underlies key tenets of policy advice in international taxation—the desirability of destination basis for commodity taxation, of the residence principle for capital income taxation, and of free trade—does not apply. The paper establishes conditions—relating to the availability of explicit or implicit devices for reallocating tax revenues across countries—under which production efficiency is nevertheless desirable, and characterizes the precise ways in which Pareto-efficient international taxation may require violation of established tenets.