With the application of dynamic spatial panel model under China's decentralization framework, this paper elaborates the impacts of the “horizontal strategic interaction” among local governments, as well as the “vertical common reaction” between central and local governments, on the...

Tax expenditure estimates are viewed with skepticism even within the fraught business of forecasting the revenue effects of policies. As the Joint Committee on Taxation emphasizes, Unlike revenue estimates, tax expenditure estimates do not incorporate any behavioral response of taxpayers or...

Andhra Pradesh is one of the pioneering States to earnestly initiate economic and fiscal reform at the Subnational level in India. Prior to the 1996 reform program, the State's budgetary position was under severe stress as in many States in India. The economic growth was below potential,...

In light of the UK Coalition Government's announced intention to reform APD (Air Passenger Duty), this article examines the design flaws making APD an inadequate environmental tax. By identifying the misconceived consequences and environmental inefficiencies of this blunt instrument, the need...

This paper is about acceptance building, i.e. devising a mechanism for the gradual preparation of the citizenship and the economy in order to implement a carbon tax. It draws from the experiences made in Switzerland, where voluntary approaches were combined with a CO2 tax. More generally, this...

This study provides a critical assessment of various fiscal policy instruments - including direct public job creation, active labour market and care policies, social protection measures and tax reforms - and their effectiveness in supporting the most vulnerable groups in the labour market....

This study analyzes the labor market impact of state and local supplements to the federal Earned Income Tax Credit (EITC) program. Using Current Population Survey data from 1984 to 2006, the study concludes the differential impact of the state and local government supplements of the EITC on the...