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The Political Competition-Economic Performance Puzzle: Evidence from the OECD Countries and the Italian Regions
Padovano, Fabio; Ricciuti, Roberto - CESifo - 2008
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10005765637
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Estimating the Impact of Gubernatorial Partisanship on Policy Settings and Economic Outcomes: A Regression Discontinuity Approach
Leigh, Andrew - Research School of Economics, College of Business and … - 2007
Using panel data from US states over the period 1941-2002, I measure the impact of gubernatorial partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes...
Persistent link: https://www.econbiz.de/10004977260
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What’s the Difference Between a Donkey and an Elephant? Using Panel Data from US States to Estimate the Impact of Partisanship on Policy Settings and Economic Outcomes
Leigh, Andrew - Research School of Economics, College of Business and … - 2005
Using panel data from US states, I measure the impact of partisanship on a wide range of different policy settings and economic outcomes. Across 32 measures, there are surprisingly few differences in policy settings, social outcomes and economic outcomes under Democrats and Republicans. In terms...
Persistent link: https://www.econbiz.de/10005032821
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The Political Competition-Economic Performance Puzzle : Evidence from the OECD Countries and the Italian Regions
Padovano, Fabio - 2008
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10012770181
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Non-Uniform Impact of Fiscal Decentralization on Economic Growth : A State Level Analysis in India
Agarwal, Anmol - 2019
In this paper, I examine the impact of fiscal decentralization on state-level economic growth in India. There is little … growth. My results suggest that, while both expenditure and revenue decentralization strongly impact economic growth … decentralization lend support to a non-uniform impact of fiscal decentralization on growth across states in India. These findings call …
Persistent link: https://www.econbiz.de/10012860895
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Fiscal federalism in Nigeria : implication for growth
Onwioduokit, Emmanuel Ating; Esu, Godwin Essang - In: West African journal of monetary and economic integration 18 (2018) 2, pp. 70-95
Nigeria has been a federation before 1963. This was expected to foster speedy growth and development, but military … terms of its impact on economic growth, so as to uphold or refute the claims of the defects in the present status quo. Time … actually foster economic growth, but this growth may have been inhibited by corruption, ineffective leadership, unconducive …
Persistent link: https://www.econbiz.de/10013348422
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Who do you blame in local finance? An analysis of municipal financing in Italy
Bordignon, Massimo; Piazza, Santino - 2010
A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...
Persistent link: https://www.econbiz.de/10010270475
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Who do you blame in local finance? : an analysis of municipal financing in Italy
Bordignon, Massimo; Piazza, Santino - 2010
A 1999 reform allowed Italian Mayors to partially substitute a more accountable source of tax revenue (the property tax) with a less transparent one (a surcharge on the personal income tax). Theoretical analysis suggests this should give incompetent Mayors a less costly way to hide themselves,...
Persistent link: https://www.econbiz.de/10003979382
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Who do you blame in local finance? : an analysis of municipal financing in Italy
Bordignon, Massimo; Grembi, Veronica; Piazza, Santino - 2015
In a political agency model, we study the effect of introducing a less transparent tax tool for the financing of local governments. We show that lower quality politicians would use more the less transparent tax tool to enhance their probability of re-election. This prediction is tested by...
Persistent link: https://www.econbiz.de/10011775830
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Legislative turnover, fiscal policy, and economic growth: evidence from U.S. state legislatures
Uppal, Yogesh; Glazer, Amihai - Volkswirtschaftliche Fakultät, … - 2011
growth finds that it makes legislators short-sighted. Turnover increases the size of government by increasing the shares of …, reduces long-term economic growth. …
Persistent link: https://www.econbiz.de/10009325617