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The purpose of this study is to formalize the choice of market entry strategy for an individual multinational enterprise (MNE) from a dynamic perspective. It is argued that incorporating a suitable treatment of irreversibility, uncertainty and flexibility related to a MNEs investment decision...
Persistent link: https://www.econbiz.de/10008540993
A relevant mismatch between tax and expenditure decentralization characterizes many industrialized countries. The … former is usually less pronounced than the latter, resulting in asymmetric fiscal decentralization arrangements. We … consensus on the benefits of a well-balanced decentralization process. We find that asymmetry is intrinsic to fiscal …
Persistent link: https://www.econbiz.de/10011111831
Preface Over the last decade and a half the global economic order has been undergoing major changes. While this may be thought to reflect the results of a multilateral and participatory process involving debate and negotiations, in reality it has been mostly driven by the economic interests of...
Persistent link: https://www.econbiz.de/10011109162
propose an approach aimed at exploring the aggregate effect of decentralization on corruption. In this context, we analyze the … empirical work may grossly overestimate de aggregate impact of decentralization and corruption. …
Persistent link: https://www.econbiz.de/10008765898
We analyze the effects of political business cycles and fiscal autonomy on the expenditure categories of Polish municipalities. Using System GMM technique, we find convincing evidence for strong political business cycles in almost all expenditure categories, and in particular for the categories...
Persistent link: https://www.econbiz.de/10011276373
for more fiscal decentralization. Within this subject, this paper has the goal of contributing to the discussion on tax … fiscal decentralization policy in Mexico. …
Persistent link: https://www.econbiz.de/10011259341
“This research paper discusses the basic fundamentals of local government in theoretical perspective. The aim of this paper is to critically evaluate the conceptual framework of local government with its significance in the modern era. Various approaches of local government are discussed in...
Persistent link: https://www.econbiz.de/10011260087
The aim of this article is to analyze the impact of the decentralization of the public national health system in Spain … Barometer 1996-2009 and taking advantage of the exogeneity of the different pace of decentralization across Spain, we find that …, in general, decentralization has not improved citizens’ satisfaction with different features of the health services. In …
Persistent link: https://www.econbiz.de/10011260304
E-government Partnerships across Levels of Government, is an overview of the challenges and approaches to creating a collaborative and cooperative partnership across levels of government for e-government development and implementation.
Persistent link: https://www.econbiz.de/10005078659
decentralization, which is seen to be an important part of incentive compatibility. In the case of low-income housing it cites the … privatization of sites and services and devolution of upgrading as two promising models of decentralization. …
Persistent link: https://www.econbiz.de/10005015596