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作者

来源

URBAN STUDIES,Vol.54,Issue14,P.3239-3259

语言

英文

关键字

heterogeneous endowments; spatial dependence; spatial panel model; tax cut; tax competition; SPATIAL COMPETITION; PROPERTY TAXATION; CAPITAL MOBILITY; MIMICKING; CHOICE; STATES

作者单位

[Kim, Dae Jin; Park, In Kwon] Univ Seoul, Seoul, South Korea. Park, IK (reprint author), Univ Seoul, Dept Urban Adm, 163 Seoulsiripdaero, Seoul 02504, South Korea. E-Mail: ikpark@uos.ac.kr

摘要

This study expands on the tax competition literature by incorporating the heterogeneity of resource endowments into the tax competition framework. It theoretically elaborates that the local distribution of resource endowments affects both the level of tax rate and the degree of spatial dependence in tax competition, and empirically confirms the theory using the data for 60 urban municipalities in the Seoul metropolitan area (SMA), Korea in the years 2004-2006. A spatial panel model for tax cut confirms the presence of tax competition in the SMA and the effects on tax cut of the resource endowment distribution. Another regression model for local indicators of spatial dependence uncovers the fact that the spatial dependence in tax cut is also determined by the local endowment distribution.