federalism in which centralization is less likely to occur where budget referendums are possible. The reason for this result is … activities in order to weaken the com-petitive pressure of fiscal federalism. We propose and test a positive model of fiscal … that budget referendums reduce the extent to which pro-centralization regions can commit to a low level of spending …

Motivated by tropical deforestation, we analyze (i) a novel theory of resource extraction, (ii) the optimal …

federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal … component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This …

scope of inefficient migration. This positive welfare effect may significantly reduce abatement costs of pollution and calls … for higher environmental tax, as compared with a model where migration is assumed away. …

. We identify an important asymmetry between positive and negative externalities and show that centralization may not be … efficient in economies with positive externalities even when regions are identical and centralization does not entail a loss of … accountability. We also show that decentralization can only Pareto dominate centralization in economies with negative externalities. …

We investigate the influence of public policy on interprovincial migration in Canada using new aggregated migration … associated with large changes in migration patterns. …

-agent framework, it analyzes two alternative policy-decision schemes—‘decentralization’ and ‘centralization’—when ‘knowledge’ consists …

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 …