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We overcome the problems of data availability and investigate the fiscal multipliers in autonomous prefectures in China. We first estimate the long-run elasticity of gross regional production with respect to fiscal expenditure in autonomous prefectures, using autoregressive distributed lag...
Persistent link: https://www.econbiz.de/10010907592
We identify exogenous variation in incumbent policymakers’ re-election probabilities and explore empirically how this variation affects their investments in physical capital. Our results indicate that a higher re-election probability leads to higher investments, particularly in the purposes...
Persistent link: https://www.econbiz.de/10008509535
One challenge states face in designing an income tax system is deciding how to treat non-resident earners. Numerous states have entered into reciprocity agreements with other states that exclude non-residents’ income from the tax base. These agreements provide a unique opportunity to explore...
Persistent link: https://www.econbiz.de/10005827657
Recent experience with disasters and terrorist attacks in the US indicates that state and local governments rely on the federal sector for support after disasters occur. But these same governments are responsible for investing in infrastructure designed to reduce vulnerability to natural and...
Persistent link: https://www.econbiz.de/10008578188
We investigate the effects of urban and rural populations and area sizes on the expenditures of the prefecture-level local government. We found the following three results. The first relates to the expenditure for urban populations. At around 220,000 people, per capita local government...
Persistent link: https://www.econbiz.de/10010837068
Decrease in the future number of students due to the low birth rate could affect public educational expenditures in Japan? Is there any regional difference? This paper simulates the future amount of local public primary, junior high, and high school expenditures in each Japanese prefecture. More...
Persistent link: https://www.econbiz.de/10010837085
This paper examines the impact of urban sprawl, a phenomenon of particular interest in Spain, which is currently experiencing this process of rapid, low-density urban expansion. Many adverse consequences are attributed to urban sprawl (e.g., traffic congestion, air pollution and social...
Persistent link: https://www.econbiz.de/10004961447
The well-known "Decentralization Theorem" (Oates, 1972) establishes the superiority of decentralized public provision over the centralized case, which is not so sensitive to the diversity of expenditure needs among territories. We test this hypothesis using a unique Spanish database that...
Persistent link: https://www.econbiz.de/10005772712
The paper presents a model for measuring spillovers resulting from local expenditure policies. We identify and test for three different types of budget spillovers: (i) benefit spillovers, derived from the production of local public goods, (ii) externalities in crowding, derived from the crowding...
Persistent link: https://www.econbiz.de/10005772729
En este trabajo se cuantifica la importancia relativa de las necesidades de gasto y de la capacidad fiscal como factores explicativos de la desigualdad observada en los niveles de gasto p£blico local por habitante con datos de los municipios de la provincia de Barcelona con m s de 5.000...
Persistent link: https://www.econbiz.de/10005772738