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opportunities in the peripheral areas alongside skills shortages in the dynamic centre. Inequalities between municipalities are the …
Persistent link: https://www.econbiz.de/10012421250
We show that voters are fiscal conservatives, although in the long run only: while the average (over the mandate) level of debt has a negative impact on the probability of reelection, pre-election debt accumulation by incumbents increases their probability of reelection. As the negative impact...
Persistent link: https://www.econbiz.de/10010743689
inefficiency of local governments is really affected by the degree of VFI, relying on a sample of Italian municipalities to study … fiscally autonomous municipalities exhibit less inefficient behavior, thus supporting the waves of reforms towards the …
Persistent link: https://www.econbiz.de/10010561848
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
We estimate the multiplier relying on differences in spending in infrastructure across Italian provinces and an instrument identifying investment changes that are large and exogenous to local cyclical conditions. We derive our instrument from the Law mandating the interruption of public work on...
Persistent link: https://www.econbiz.de/10008925709
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10009711209
The COVID-19 pandemic has had devastating effects on lives, the economy, and the public finances worldwide, drawing attention to the need to enhance resilience to future shocks. This paper focuses on subnational governments, given their important and growing role in the provision of essential...
Persistent link: https://www.econbiz.de/10013278615
. With the highest number of municipalities per head in the OECD, subnational government is very fragmented and the resulting … proposes reforms to enhance their effectiveness. Mergers of municipalities would be an obvious way towards greater integration … to disincentivise small size of municipalities and to make subnational governments more autonomous could be steps towards …
Persistent link: https://www.econbiz.de/10012421297
This paper investigates whether the socioeconomic status of the head of government helps explain fiscal performance. Applying sociological research that attributes differences in people's ways of thinking and acting to their relative standing within society, we test whether the social status of...
Persistent link: https://www.econbiz.de/10010931440
The main features of China’s current sub-national finance arrangements date back to the 1994 tax reform. China has a multi-level government structure that shares national tax revenues through a system of tax sharing and transfers, and divides spending assignments and responsibilities. Local...
Persistent link: https://www.econbiz.de/10011276970