Abstract: Local governments attract capital by means of preferential tax, which leads to loss of revenue, and the imbalance of resource allocation. The new economic geography and the theory of tax competition provide new perspectives and ideas for alleviating the tax competition. Using the provincial government as the research sample, this paper constructs a spatial object model to study whether the agglomeration economy is applicable to the mitigation of tax competition in China. The research results show that the agglomeration economies formed by capital flows in China can effectively coordinate the asymmetric tax competition between regions. The study provides theoretical and empirical evidence for the policy-making concerning central cities' development in the "13th Five-Year" plan from the angle of tax competition and confirms the positive role of agglomeration and development of central cities.

Key words: Agglomeration Economy, Tax Competition, Capital Investment Decision

摘要： 中国地方政府之间以税收优惠为手段竞相吸引资本的行为客观上导致税源流失的同时使资源配置失衡,新经济地理学与税收竞争理论的结合为缓解税收竞争提供新的视角和思路。本研究以省级政府为研究样本构建空间杜宾模型,针对集聚经济对税收竞争的缓解作用是否适用于中国进行实证研究。研究结果表明,中国地区资本流动形成的集聚经济能够有效协调区域之间的不对称税收竞争。上述研究为“十三五”规划关于发展中心城市的政策从税收竞争的角度提供理论回应和经验证据,肯定了发展中心城市吸引要素集聚的积极作用。

关键词: 集聚经济, 税收竞争, 资本投资决策