Showing 1 - 10 of 45
The socio-economic impact of Reaganomics and its long-run deleterious legacy is documented. The preponderance of data indicate that economic growth was not particularly impressive in the wake of the tax cuts of 1981 or 1986. GDP did snap back to potential but failed to accelerate beyond the...
Persistent link: https://www.econbiz.de/10012892271
the risk of internal conflict. Fiscal and political decentralization as an institutional arrangement for rent-sharing and … decentralization. …
Persistent link: https://www.econbiz.de/10010292699
This paper surveys recent research on decentralization and natural disasters. The first part discusses results from …
Persistent link: https://www.econbiz.de/10010292707
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the … decentralization literature, is overturned in a particular transportation context. In a monocentric city where road (bridge) capacity …
Persistent link: https://www.econbiz.de/10010322999
decentralization reform, politicians with different skills are elected in municipalities characterized by different levels of … difference in the tax base, following the decentralization reforms of the '90s. Results strongly support our predictions and are …
Persistent link: https://www.econbiz.de/10010328849
This study assesses fiscal sustainability in contemporary Spain at the regional level. Spain consists of 17 autonomous regions, two fiscal regimes differing in taxing autonomy, and two path-dependent types of communities with more and less legislatively recognized autonomy. Three of the 17...
Persistent link: https://www.econbiz.de/10010352444
We consider a country whose government provides a bundle of goods and services through a multi-tier administrative organization. We compare the optimal architectures of public governance (i.e. the division of the state into several tiers, the distribution of services among them, their number of...
Persistent link: https://www.econbiz.de/10011931995
setting in Switzerland to study the issue empirically. According to our findings tax decentralization tends to reduce … consider the interdependence of decentralization and fragmentation as inequality decreasing effects of decentralization are …
Persistent link: https://www.econbiz.de/10011957223
This paper empirically studies the impact of decentralization on foreign aid effectiveness. For this purpose, we … decentralization. Our panel estimations reveal that fiscal decentralization negatively impacts aid effectiveness, while measures of … political decentralization have no significant effect or even a positive one. This result is robust for grants and overall ODA …
Persistent link: https://www.econbiz.de/10010270547
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/10010271861