Pareto-efficient international taxation

• 成果类型: Article
• 署名作者: Keen, M; Wildasin, D
• 署名单位: International Monetary Fund; University of Kentucky
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/000282804322970797
• 发表日期: 2004
• 页码: 259-275
• 关键词: public production; Commodity taxation; ORIGIN PRINCIPLES; capital income; COMPETITION; destination; rules

摘要

This paper analyzes Pareto-efficient international tax regimes. Because every countryfaces 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.