Showing 1 - 4 of 4
Estimates are presented for the impact of debt accumulation by the central and subcentral governments of a federation on the creditworthiness of other federation member governments. The estimates, calculated using an ordered probit model and Canadian provincial data, indicate that debt...
Persistent link: https://www.econbiz.de/10005770365
The marginal political costs of different types of taxes and government spending, as well as voter preferences over different fiscal variables, are examined using two different specifications for political cost--one based on the probability of incumbent defeat and the other based on the...
Persistent link: https://www.econbiz.de/10005609006
This paper employs a maximizing framework, consistent with the axioms of consumer preference, to analyze local government's choice of spending on different social services. Within this framework, it is possible to include both block-funding and cost-sharing intergovernment transfer schemes....
Persistent link: https://www.econbiz.de/10005271636
This paper uses constituency-level political campaign expenditures to analyze the impact of competition on advertising. A theoretical model, based on expected utility maximization, predicts an uncertain impact of increased competition on campaign spending. The direction of this impact is tested...
Persistent link: https://www.econbiz.de/10005467094