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Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal conservation contract, (iii) when the donor prefers contracting with central rather than local governments, and (iv) how the donor’s presence may induce institutional change....
Persistent link: https://www.econbiz.de/10011273091
federalism in which centralization is less likely to occur where budget referendums are possible. The reason for this result is … that budget referendums reduce the extent to which pro-centralization regions can commit to a low level of spending … delegating the centralization choice to elected poli-cymakers. In addition, it reduces the ability of higher level policy …
Persistent link: https://www.econbiz.de/10005765835
decentralization to centralization can affect both the number and the type of lobbies. Under decentralization, if lobbies form they … will always have an effect on policy decision. Under centralization, if lobbies form, lobby competition may completely …
Persistent link: https://www.econbiz.de/10005094232
standard-setting with two means of interventionist harmonization: through centralization and through allocation of lawmaking …
Persistent link: https://www.econbiz.de/10008583682
-agent framework, it analyzes two alternative policy-decision schemes—‘decentralization’ and ‘centralization’—when ‘knowledge’ consists … explaining variation in the degree of decentralization across countries. Within a two-sided incomplete information principal … levels. It is shown that, depending on which level of policy decision-making controls the degree of decentralization, the …
Persistent link: https://www.econbiz.de/10010693469
) provides little evidence that budget constraints at the cantonal level affect municipal finances and fiscal decentralization …
Persistent link: https://www.econbiz.de/10010948867
decentralization on the occurrence of transnational terror. Our results show that expenditure decentralization reduces the number of … transnational terror events in a country, while political decentralization has no impact. These results are robust to the choice of …
Persistent link: https://www.econbiz.de/10005013064
component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … study adds to our knowledge on the transmission mechanisms of federalism and decentralization. …
Persistent link: https://www.econbiz.de/10005013947
This paper analyzes the impact of political and fiscal decentralization on regional inequalities using a unique data … that decentralization decreases regional inequalities in general. However, estimations using an interaction variable … approach imply that the effect depends on the level of economic development. While rich countries benefit from decentralization …
Persistent link: https://www.econbiz.de/10009293485
The theory of fiscal federalism points out that decentralisation should be pursued in order to fit differences in individual preferences. However, the presence of externalities and the need of providing merit goods to citizens suggest that centralisation is likely to produce more efficient...
Persistent link: https://www.econbiz.de/10009416120