The dynamic fiscal policy adjustment of local jurisdictions is investigated empirically using a panel of more than 1000 U.S.~municipalities over a quarter of a century. Distinguishing own revenue, grants, expenditures, and debt service, the analysis is carried out using a vector error-correction...

Does there exist a connection between the political power and the tax administration? In this paper, we offer empirical evidence from Spain that there exists. First, the Spanish regional tax administration is not immune to the budgetary situation of the regional government, and tends to exert a...

There is no consensus about which variables, apart from income per capita, serve to characterize or define economic development, or guide its teaching. This paper proposes a simple and operational definition that combines the level of income per capita and the distribution of income. An economic...

This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...

This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...

Recent years have witnessed an unprecedented debate on globalisation. Attention has focused on the origin and main features of globalisation and its potential impact on world economic, political and social order. This research and policy debate is understandable, as the pace and consequences of...

Concept of human development and its measurement as introduced by UNDP in the first Human Development Report 1990 is an approach to measure economic development. It is a composite measure of economic progress and a better substitute to Per Capita Income (measure) that could neither capture nor...

This paper deals with poverty, health, education and human deprivation among Indian States. Human development evaluates development in conglomerative perspective where as human depeivation analyse it in deprivational perspective. Deprivation in poverty, health, education lead the poor to indulge...

This paper carries out an empirical assessment of the relationship between social capital and the quality of economic development in Italy. The analysis draws on a dataset collected by the author including about two hundred variables representing different aspects of economic development and...

There are concerns that regional inequality in India has increased after the economic reforms of 1991. This concern is supported by various statistical analyses. In this paper, we show that the conclusions are sensitive to what measures of attainment are used. In particular, human development...