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Local government fiscal regulation in the EU : the impact of balanced budget rules
Jochimsen, Beate; Raffer, Christian - 2020
In the past decades many European countries implemented numerical fiscal rules in order to strengthen fiscal discipline on all levels of government. This development was intensified by the financial crisis in 2008. Although plenty of research points to the discipline-enhancing effect of these...
Persistent link: https://www.econbiz.de/10012426624
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Easier Set Than Done : Stakeholder Engagement as Public-Private Partnership in Regulatory Policy of South Korea
Lee, Jongyearn - 2019
An emphasis on public-private partnership (PPP) in the regulatory policy process can overcome the challenges hindering regulatory effectiveness with the emergence of fast developing technologies and new industries. This study attempts to evaluate quantitatively different aspects of institutional...
Persistent link: https://www.econbiz.de/10012861643
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Principles of Public-Private Partnership Financing – Polish Experience
Wojewnik-Filipkowska, Anna - 2013
in Poland.Design/methodology/approach – Appropriate regulation and documentation were investigated. Discounted subsidies …
Persistent link: https://www.econbiz.de/10013085737
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Infrastructure development and public-private partnership : measuring impacts of urban transport infrastructure in Pakistan
Khan, Muhammad Ayub Mehar - 2020
The core objective of this study is to determine the impacts of improvement and modernization of transport infrastructure on households' income. We analyzed the impacts of a rapid transit system in urban areas of Punjab Province, Pakistan. We have compared the effects of this program in Punjab...
Persistent link: https://www.econbiz.de/10012239605
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The macroeconomic effects of funding U.S. infrastructure
Malley, James R.; Philippopulos, Apostolēs - 2022
This paper quantitatively assesses the macroeconomic effects of the recently agreed U.S. bipartisan infrastructure spending bill in a neoclassical growth model. We add to the literature by considering a more detailed tax structure, different types of infrastructure spending and linkages between...
Persistent link: https://www.econbiz.de/10012801569
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The Fiscal Multiplier of Public Investment : The Role of Corporate Balance Sheet
Espinoza, Raphael A.; Gamboa-Arbelaez, Juliana; Sy, … - 2021
This paper explores whether public investment crowds out or crowds in private investment. To this aim, we build a database of about half a million firms from 49 countries. We find that the effect of public investment on corporate investment depends both on leverage and financial constraints....
Persistent link: https://www.econbiz.de/10013315095
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Institutional and political determinants of private participation in infrastructure : prepared for the Roundtable: Public Private Partnerships for Transport Infrastructure: Renegot...
Moszoro, Marian; Araya, Gonzalo; Ruiz-Nuñez, Fernanda; … - 2014 - Rev. October 2014
We assembled a large panel of project-level technical and financial data and country-level economic, institutional, political, and governance variables to assess the determinants of private financing of infrastructure in emerging markets and developing economies. Controlling for economic...
Persistent link: https://www.econbiz.de/10010478609
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The fiscal risk of local government revenue in the People's Republic of China
Fan, Ziying; Wan, Guanghua - 2016
Since the Tax Sharing Reform in 1994, the local government revenue of the People's Republic of China (PRC) has faced …
Persistent link: https://www.econbiz.de/10011453331
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Invited Takings in China : Supermajority, Assembly Surplus, and Local Public Financing
Chen, Ruoying - 2016
developing world. Invited takings, as recently emerged in many cities in China, delivered successes in overcoming holdout without … countries. For the first time within and outside of China, this Essay provides a systematic description and analysis of invited … in China over the past ten years …
Persistent link: https://www.econbiz.de/10012990967
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The Fiscal Risk of Local Government Revenue in the People's Republic of China
Ziying, Fan - 2016
Since the Tax Sharing Reform in 1994, the local government revenue of the People's Republic of China (PRC) has faced …
Persistent link: https://www.econbiz.de/10012994033