, like Marx and Ricardo, in formulating general laws of capitalism to diagnose and predict the dynamics of inequality. We …

-best allocation and show efficiency can be implemented with decentralization using head taxes. We calibrate the model and compare … decentralization and property taxation are large, dissipating most if not all the potential welfare gains that efficient … decentralization could achieve. In property tax equilibrium centralization is frequently more efficient! An externality in community …

We study the relationship between decentralization of R&D, innovation and firm performance using a novel dataset on the … of 594,903 patents that they hold. We explore the tension between centralization and decentralization of R&D, which … a whole. To do this, we develop two novel measures of decentralization. First, using intra-firm patent assignments, we …

We study the effect of decentralization on the access to some poverty-related public services in Benin. Compiling panel … suggests that decentralization has a positive overall effect on access to basic services. However, this effect appears to be … services. Decentralization in Benin contributes positively to the reduction of poverty by improving the average access to …

Decentralization has been put forward as a powerful tool to reduce poverty and improve governance in Africa. The aim of …. These spillovers impact the efficiency of decentralization. We develop a two-jurisdiction model of public expenditure, which …

Standard models of fiscal federalism suggest many benefits of decentralization in developing economies, and there has … been a recent push toward decentralization around the world. However, developing countries presently still have less … decentralization, particularly on the revenue side, than both developed countries today and the United States and Europe historically …