지역경제통합과 조세경쟁: 유럽단일시장과 신자유주의적 조세정책 = Regional Economic Integration and Tax Competition: European Single Market and the Neoliberal Tax Reforms

다국어 초록 (Multilingual Abstract)

This study explores the impact of regional integration on the neoliberal tax reforms in Europe in light of the tax competition theory. Member countries of the European Union(EU) have experienced a series of neoliberal tax reforms since the 1990s. The underlying cause behind these reforms is the pressure of tax competition created by the progress toward European single market. Tax competition theory suggests that the rise of international capital mobility brings about the pressure to lower tax burden on capital income. Yet, the pressure of tax competition is conditioned by the specific structure of the interaction among countries. This 'unevenness of tax competition' provides a ground for the hypothesis that the general pressure of tax competition is mediated and intensified by the deepening economic integration in Europe. I test this hypothesis using the data on corporate tax rates of the EU members and find that the launch of the European single market is responsible for the downward trend in corporate tax rates in the EU. The findings of this study shed light on the recent progress in the discussion around European integration.

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