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Do Oil Windfalls Improve Living Standards? Evidence from Brazil
Caselli, Francesco; Michaels, Guy - C.E.P.R. Discussion Papers - 2009
We use variation in oil output among Brazilian municipalities to investigate the effects of resource windfalls. We find muted effects of oil through market channels: offshore oil has no effect on municipal non-oil GDP or its composition, while onshore oil has only modest effects on non-oil GDP...
Persistent link: https://www.econbiz.de/10008509470
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Clientelism and Aid
Casamatta, Georges; Vellutini, Charles - C.E.P.R. Discussion Papers - 2006
Using a model of probabilistic voting, we analyse the impact of aid on the political equilibrium in the recipient country or region. We consider two kinds of politicians: the benevolent one is interested in promoting social welfare whereas the other one is clientelistic, his only goal being to...
Persistent link: https://www.econbiz.de/10005124076
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Property Tax and Urban Sprawl. Theory and Implications for U.S. Cities
Song, Yan; Zenou, Yves - C.E.P.R. Discussion Papers - 2005
This article attempts a formal analysis of the connection between property tax and urban sprawl in U.S. cities. We develop a theoretical model that includes households (who are also landlords) and land developers in a regional land market. We then test the model empirically based on a national...
Persistent link: https://www.econbiz.de/10005067619
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Assessing the Effects of Local Taxation Using Microgeographic Data
Duranton, Gilles; Gobillon, Laurent; Overman, Henry G - C.E.P.R. Discussion Papers - 2006
We study the impact of local taxation on the location and growth of firms. Our empirical methodology pairs establishments across jurisdictional boundaries to estimate the impact of taxation. Our approach improves on existing work as it corrects for unobserved establishment heterogeneity, for...
Persistent link: https://www.econbiz.de/10005504532
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Interregional Redistribution and Regional Disparities: How Equalization Does (Not) Work
Kessler, Anke; Lessmann, Christian - C.E.P.R. Discussion Papers - 2010
Do inter-governmental transfers such as equalization grants reduce interregional disparities? This paper studies both theoretically and empirically the impact of interregional redistribution on interregional inequality. We set up a model with residential choice and equalization grants between...
Persistent link: https://www.econbiz.de/10008784760
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Do Unemployed Workers Benefit from Enterprise Zones? The French Experience
Gobillon, Laurent; Magnac, Thierry; Selod, Harris - C.E.P.R. Discussion Papers - 2010
This paper is a statistical evaluation of the 1997 enterprise zone program in France. We investigate whether the program increased the pace at which unemployed workers residing in targeted municipalities and surrounding areas find employment. The work relies on a two-stage analysis of...
Persistent link: https://www.econbiz.de/10008683527
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Norms, Enforcement, and Tax Evasion
Besley, Timothy J.; Jensen, Anders; Persson, Torsten - C.E.P.R. Discussion Papers - 2015
This paper studies individual and social motives in tax evasion. We build a simple dynamic model that incorporates these motives and their interaction. The social motives underpin the role of norms and is the source of the dynamics that we study. Our empirical analysis exploits the adoption in...
Persistent link: https://www.econbiz.de/10011145415
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Fiscal Federalism in Times of Crisis
Foremny, Dirk; von Hagen, Jürgen - C.E.P.R. Discussion Papers - 2012
adjust real spending to falling real revenues. This result suggests that sound public finances at the central level are … Recession. This observation suggests that the sustainability of subnational public finances is an important prerequisite for a … country to maintain sustainable public finances at the level of general government. …
Persistent link: https://www.econbiz.de/10011083379
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Taxes in Cities
Brülhart, Marius; Bucovetsky, Sam; Schmidheiny, Kurt - C.E.P.R. Discussion Papers - 2014
Most cities enjoy some autonomy over how they tax their residents, and that autonomy is typically exercised by multiple municipal governments within a given city. In this chapter, we document patterns of city-level taxation across countries, and we review the literature on a number of salient...
Persistent link: https://www.econbiz.de/10011083800
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How to make the metropolitan area work? Neither big government, nor laissez-faire
Gaigné, Carl; Riou, Stéphane; Thisse, Jacques-François - C.E.P.R. Discussion Papers - 2013
We study how political boundaries and fiscal competition interact with the labor and land markets to determine the economic structure and performance of metropolitan areas. Contrary to general belief, institutional fragmentation need not be welfare-decreasing, and commuting from the suburbs to...
Persistent link: https://www.econbiz.de/10011084227