-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 …

city inhabitants, and lower levels of military spending by ruling elites, as predicted by the theory …

simple model of the interaction between the federal and state governments in such a scheme of partial decentralization. Our … then test this hypothesis using data on federal regulation of water pollution and of hazardous waste, which are two of the …

We revisit the classic problem of tax competition in the context of federal nations, and derive a positive theory of … partial decentralization. A capital poor median voter wants to use capital taxes to provide public goods. This results in …. Decentralization provides such a commitment: local governments avoid using capital taxes due to the pressure of tax competition. We …

for the complementarity of performance pay and decentralization of decision-making from principals to employees … employees, as opposed to a general movement towards more decentralization throughout the organization. Finally, we find that …

response. In this paper, we explore the effect that competition for residents induced by fiscal decentralization has on 'waste … inducing officials to reduce such 'waste.' The threat to vote out of office officials who perform poorly is one possible …' in government. We find not only that such competition reduces waste and raises the utility of residents, but also that it …