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We develop a model with two provinces, producing two goods: one mobile and the other not. The mobile good is taxed according to the destination principle by the local government; it is also federally taxed. People decide to buy the good at the most advantageous price. Namely they can buy...
Persistent link: https://www.econbiz.de/10005835510
Federal transfers can depend on local fiscal capacity which is measured by local tax bases. The aim of this paper is to understand to what extent and how these transfers affect local tax decisions. We develop a model with two provinces producing one mobile good. The good is taxed according to...
Persistent link: https://www.econbiz.de/10005836320
The design of environmental spending at the national or local level stands on the concept of subsidiarity and on the theory of fiscal federalism. The main question is, so forth, studying when centralization of a public economic function, such as the protection of the environment, is welfare...
Persistent link: https://www.econbiz.de/10011108974
Article about the problems of municipal governments related to fiscal consolidation in the Russian regions and the construction of the vertical of power during the first presidency of Vladimir Putin. The author analyzes the impact of the decline of the financial base of the city governments and...
Persistent link: https://www.econbiz.de/10011109225
Our hypothesis: during the twentieth century governments used state emergency measures to overcome its economic crisis. Such measures did better on the revenue in fiscal expenditures, thereby caused severe imbalances of public policy. It holds that in Colombia there has been no welfare state...
Persistent link: https://www.econbiz.de/10011111585
The present study is, in particular, an attempt to test the relationship between tax level and political stability by using some economic control variables and to see the relationship among government effectiveness, corruption, and GDP. For the purpose, we used the Vector Autoregression (VAR)...
Persistent link: https://www.econbiz.de/10011112980
This paper investigates whether the presence of college increases house prices and the tax base. Colleges provide cultural and recreational amenities to the surrounding area but lifestyle choices of students may create negative externalities that depress property prices. In addition, colleges...
Persistent link: https://www.econbiz.de/10008514904
Overall, this paper presents a white swan that seems to confirm the hypothesis of Alesina / Tabellini / Campante (2008). Fiscal policy in many developing countries is procyclical. Specifically, the former may explain monetary policy failures associated with problems of political agency. And in...
Persistent link: https://www.econbiz.de/10008552827
The paper’s aim is to link two different issues: equalization and fiscal competition. In the model there are two regions: the first one has rich citizens and the other one has poor citizens. Regional representatives in a federal Council must decide on the introduction of an equalization...
Persistent link: https://www.econbiz.de/10005260188
redistributive policies from a stock-flow perspective reveals an artificial blind spot of the prevailing approach to redistribution … and development: wealth redistribution. The prevailing approach generally covers income redistribution and the provision … redistribution. This omission impoverishes the understanding of redistribution and hampers the design of redistributive policies in …
Persistent link: https://www.econbiz.de/10011109126