Showing 1 - 10 of 4,173
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10011524602
potential disadvantage with decentralization in our model is that local dominant groups with rather extreme preferences may win … the centralized solution may welfare dominate decentralization even in the absence of scale economics and interregional …, factors that are normally considered to be arguments in favor of decentralization, may reduce the attractiveness of the …
Persistent link: https://www.econbiz.de/10011509456
measure of secession risk and perform the comparative static analysis of the equilibrium policy location and of the secession … risk with respect to the cultural distinctiveness of the two regions, the relative weight attached by voters to economic …-regional heterogeneity of preferences. -- majority voting ; secession risk ; cultural distinctiveness ; conflict ; overlapping regional …
Persistent link: https://www.econbiz.de/10009127585
Tax law is often uncertain. In particular, the use of tax shelters tends to be in the "grey area" between illegal tax evasion and legal tax avoidance. In this paper I show that uncertainty in tax law can help achieve higher efficiency than allowing or disallowing a tax shelter with certainty....
Persistent link: https://www.econbiz.de/10014252459
Persistent link: https://www.econbiz.de/10003599409
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/10010199692
We investigate how changes in the administrative-territorial structure affect ethnic voting. We present an event study design that exploits the 2010 constitutional reform in Kenya, which substantially increased the number of primary administrative regions. We find (i) strong evidence for a...
Persistent link: https://www.econbiz.de/10012624851
formal and informal decentralization across 64 provinces of Vietnam. This paper finds that the formally decentralized system … of public service supply is accommodating the informal one, but informal decentralization in public order provision tends … complementary rather than rival or free-riding on formal ones. -- formal decentralization ; informal decentralization ; sub …
Persistent link: https://www.econbiz.de/10009488951
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/10009792215
In a monetary union, the interaction between several governments and a single central bank is plagued by several sources of deficit bias, including common pool problems. Each government has strong preferences over local spending and taxation but suffers only part of the costs of union-wide...
Persistent link: https://www.econbiz.de/10011434438