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The political competition-economic performance puzzle: evidence from the OECD countries and the Italian regions
Padovano, Fabio; Ricciuti, Roberto - 2008
Empirical tests of the theories on the relationship between political competition and economic performance generate a puzzle: data tend to support the theory at the lower levels of government, but not in panels of countries. We argue that the larger set of policy instruments reduces the tax...
Persistent link: https://www.econbiz.de/10010264448
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(Re-)Distribution of Personal Incomes, Education and Economic Performance Across Countries
Rehme, Günther - 2002
In many OECD countries income inequality has risen, but surprisingly redistribution as well. The theory attributes this … partly to the redistributive effect of education spending. In the model income inequality and growth depend in an inverted U … requires more resources, which lowers pre-tax and post-tax income inequality as well as growth. Using consistently defined …
Persistent link: https://www.econbiz.de/10010315431
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Optimal Redistribution: Rising Inequality vs. Rising Living Standards
Ferriere, Axelle; Grübener, Philipp; Sachs, Dominik - 2024
standards. The workhorse models of optimal income taxation call for more redistribution as inequality rises. By contrast, living …. Rising living standards dampen by at least 25% the desired increase in redistribution due to rising inequality. …
Persistent link: https://www.econbiz.de/10015047233
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Political Competition, Tax Salience and Accountability: Theory and Some Evidence from Italy
Bracco, Emanuele; Porcelli, Francesco; Redoano, Michela - 2013
This paper argues that high political competition does not necessarily induce policy makers to perform better as previous research has shown. We develop a political economy model and we show that when political competition is tight, and elected politicians can rely on more tax instruments, they...
Persistent link: https://www.econbiz.de/10010292696
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Political Competitiveness and Fiscal Structure: A Time Series Analysis. Canada, 1870 - 2015
Ferris, J Stephen; Winer, Stanley L. - 2018
We investigate the extent to which the intensity of political competition moderates the governance issues that arise in relation to Canada’s fiscal structure. By fiscal structure we mean three distinct but interrelated fiscal dimensions of the state: financial stability, long run size and...
Persistent link: https://www.econbiz.de/10011931970
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Political competition and convergence to fundamentals : with application to the political business cycle and the size of government
Ferris, J. Stephen; Park, Soo-Bin; Winer, Stanley L. - 2006
actual public choices. Since the cycle is in real growth, and it is reasonable to suppose that public expenditure would be …
Persistent link: https://www.econbiz.de/10010276133
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Efficiency, Welfare, and Political Competition
Bierbrauer, Felix; Boyer, Pierre C. - 2014
We study political competition in an environment in which voters have private information about their preferences. Our framework covers models of income taxation, public-goods provision or publicly provided private goods. Politicians are vote-share-maximizers. They can propose any policy that is...
Persistent link: https://www.econbiz.de/10010398540
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Self-preserving Leviathans - Evidence from Regional-level Data
Kluge, Jan; Markwardt, Gunther; Thater, Christian - 2015
This paper investigates the impact of the intensity of political competition on the leviathan behavior by political incumbents. Using panel data from German municipalities, we test whether the relative political strength of parties in local councils influences the spending behavior of...
Persistent link: https://www.econbiz.de/10010480823
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Intergovernmental Grants as Signals and the Alignment Effect: Theory and Evidence
Bracco, Emanuele; Lockwood, Benjamin; Porcelli, Francesco; … - 2015
This paper provides a simple political agency model to explain the effect of political alignment between different tiers of government on intergovernmental grants and election outcomes. Key features of the model are: (i) rational voters interpret public good provision as a signal of incumbent...
Persistent link: https://www.econbiz.de/10010480906
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Mobility and conflict
Bhattacharya, Sourav; Deb, Joyee; Kundu, Tapas - 2012
We study the role of inter-group differences in the emergence of conflict. In our setting, two groups compete for the right to allocate societys resources, and we allow for costly intergroup mobility. The winning group offers an allocation, that the opposition can either accept, or reject and...
Persistent link: https://www.econbiz.de/10010280829