Tax Policy in the Presence of Emigration

Bhagwati, Jagdish N.; Hamada, Koichi

This paper is a significantly revised and augmented version of an earlier, unpublished paper [Bhagwati and Hamada (1976)]. Thanks are due to NSF Grant no. SCS-80-25401, to the Ford Foundation and to the German Marshall Fund for tinancial support of the research underlying this paper. The stimulating atmosphere at the SSRC Workshop on Public Economics at Warwick, England, 1978, also must be gratefully acknowledged by Koichi Hamada. The authors are also indebted to Peter Diamond, William Baumol, Assar Lindbeck, John Wilson and other participants at the New Delhi Conference in January 1981 for their helpful suggestions. The excellent comments of two referees have led to substantial improvements in this paper.



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Journal of Public Economics

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January 31, 2013