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Tax Decentralization Notwithstanding Regional Disparities
Bellofatto, Antonio; Besfamille, Martin - 2019
In assessing the desirability for tax decentralization reforms, a dilemma between efficiency and redistribution emerges. By limiting the ability of the central government to redistribute resources towards regions in financial needs, decentralization curbs incentives for excessive subnational...
Persistent link: https://www.econbiz.de/10012871755
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Urbanization, Productivity Differences and Spatial Frictions
Arcalean, Calin - 2019
productivity differences and internal trade frictions. We show that even in the absence of the typical externalities studied in the … relative to that chosen by a planner. In particular, optimal urbanization exceeds decentralized levels when productivity … closer to optimal policies than decentralized allocations whenever productivity differences in non-traded sectors are either …
Persistent link: https://www.econbiz.de/10012871753
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Local Public Good Provision, Municipal Consolidation, and National Transfers
Dur, Robert; Staal, Klaas - 2021
We analyze a simple model of local public good provision in a region comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighboring district, there is underprovision of public goods in both the city and...
Persistent link: https://www.econbiz.de/10013316905
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Endogenous Spatial Production Networks : Quantitative Implications for Trade and Productivity
Panigrahi, Piyush - 2021
Larger Indian firms selling inputs to other firms tend to have more customers, tend to be used more intensively by their customers, and tend to have larger customers. Motivated by these regularities, I propose a novel empirical model of trade featuring endogenous formation of input-output...
Persistent link: https://www.econbiz.de/10013311707
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Productivity, Place, and Plants : Revisiting the Measurement
Schoefer, Benjamin; Ziv, Oren - 2021
Why do cities differ so much in productivity? We document that most of the measured dispersion in productivity across … US cities is spurious and reflects granularity bias: idiosyncratic heterogeneity in plant-level productivity and size …
Persistent link: https://www.econbiz.de/10013250039
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Partial Fiscal Decentralization
Brueckner, Jan K. - 2021
The fiscal decentralization impulse now sweeping the world often leads to partial decentralization, where subnational governments are funded by central transfers, rather than leading to full local autonomy. Despite the practical importance of this arrangement, the literature contains no economic...
Persistent link: https://www.econbiz.de/10013316771
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Revisiting the 'Decentralization Theorem' - On the Role of Externalities
Koethenbuerger, Marko - 2021
The Decentralization Theorem (Oates, 1972) is central to the discussion of fiscal federalism. We revisit the role of consumption spillovers in evaluating the merits of (de)centralization. Unlike the general prediction, a higher degree of spillovers may reduce the difference in utility of...
Persistent link: https://www.econbiz.de/10013316807
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Federal Tax-Transfer Policy and Intergovernmental Pre-Commitment
Koethenbuerger, Marko - 2021
Federal and state governments often differ in the capacity to pre-commit to expenditure and tax policy. Whether the implied sequence of public decisions has any efficiency implications is the subject of this paper. We resort to a setting which contrary to most of the literature does not exhibit...
Persistent link: https://www.econbiz.de/10013316943
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Decentralization and Progressive Taxation
Berset, Simon; Schelker, Mark - 2021
The traditional normative literature on fiscal federalism argues that redistributive policies should be centralized in order to avoid welfare- or tax-induced migration. However, recent evidence shows that even in a setup where the progressivity of the income tax schedule is centralized to an...
Persistent link: https://www.econbiz.de/10013249653
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Government Spending and Tax Revenue Decentralization and Public Sector Efficiency : Do Natural Disasters Matter?
Afonso, António; Jalles, João Tovar; Venâncio, Ana - 2023
We assess notably how do extreme events affect the public sector efficiency of decentralized governance. Hence, we empirically link the public sector efficiency scores, to tax revenue and spending decentralization. First, we compute government spending efficiency scores via data envelopment...
Persistent link: https://www.econbiz.de/10014356487