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dc.contributor.authorHadjiyiannis, Costasen
dc.contributor.authorHatzipanayotou, Panosen
dc.contributor.authorMichael, Michael S.en
dc.creatorHadjiyiannis, Costasen
dc.creatorHatzipanayotou, Panosen
dc.creatorMichael, Michael S.en
dc.description.abstractWe analyze the case where governments have to use income tax revenue to finance public pollution abatement and relate the results to the existing literature on capital tax competition. We show that the impact of public pollution abatement on Nash taxes on mobile factor income is non-trivial and the standard results from the tax competition literature can be reversed. When the two countries are identical, the Nash equilibrium capital income taxes converge to the tax on immobile factors income as the degree of cross-border pollution converges to one. When countries are asymmetric and pollution is local the presence of public pollution abatement lowers the capital tax for the capital exporting country, while the impact on the capital tax of the capital importing country is ambiguous. © 2014 Copyright Taylor and Francis Group, LLC.en
dc.sourceJournal of International Trade and Economic Developmenten
dc.subjectenvironmental economicsen
dc.subjectpollution taxen
dc.subjectcapital flowen
dc.subjecttax systemen
dc.subjectabatement costen
dc.subjectcapital mobilityen
dc.subjectcompetition (economics)en
dc.subjectcross-border pollutionen
dc.subjectNash income taxesen
dc.subjectpublic pollution abatementen
dc.titleCross-border pollution, public pollution abatement and capital tax competitionen
dc.description.endingpage178Σχολή Οικονομικών Επιστημών και Διοίκησης / Faculty of Economics and ManagementΤμήμα Οικονομικών / Department of Economics
dc.contributor.orcidMichael, Michael S. [0000-0002-7642-1261]
dc.contributor.orcidHadjiyiannis, Costas [0000-0002-6660-7871]
dc.contributor.orcidHatzipanayotou, Panos [0000-0002-7176-1347]

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