We test the ‘yardstick competition’ hypothesis by looking at the effects of property tax increases both in the locality and in other comparable jurisdictions on the incumbents’ vote. In order to obtain unbiased estimates of the effects of taxes on voting, we account for national political shocks, ideological preferences of...

This paper exposes and explains the various ways in which value judgements can be instilled into an income tax system, or, if inherent in a pre-existing one, can be drawn out and understood. A putative EU-wide income tax, additional to the national income taxes of the Member States, is analysed....

By means of a dynamic panel data analysis, and using a database from municipalities of the province of Barcelona (1993-99), we describe their process of fiscal adjustment to a shock in tax capacity. About 25% of the shock is internalized through an increase in tax effort, 35% through a reduction...

In 1969, Shoup postulated that the presence of interrelated taxes in a tax system would reinforce the tax penalty system ("self-reinforcing penalty system of taxes"). In this paper, we have tried to formally develop this idea. We find that in order for tax reinforcement to be maintained, it is necessary...

Este trabajo cuantifica, en primer lugar, la movilidad intergeneracional de ingresos en España para los años 1980 y 1990. Dicha movilidad se interpreta como la correlación de la transmisión de ingresos de una generación a la siguiente. Los resultados muestran que la movilidad de ingresos incrementó durante la década del...

This paper examines the locational determinants of foreign direct investment (FDI) in manufacturing activities in the regions of Spain, with particular attention to agglomeration factors, and the effect of these determinants on three separate industries. The analysis reveals that agglomeration economies are significant determinants of the regional distribution of manufacturing...