Showing 1 - 10 of 443
This paper models theoretically and investigates empirically the consequences on local economic performance of state mandates on financially distressed authorities. In particular, I analyze the switch from systematic state bailout of regional health care deficits to selectively mandated hikes in...
Persistent link: https://www.econbiz.de/10010544076
Ascertaining whether local election results are driven by incumbents’ performance while in office or mechanically reflect constituencies’ ideological affiliation and macroeconomic conditions is crucial for evaluating the alleged accountability-enhancing property of decentralization. Based on...
Persistent link: https://www.econbiz.de/10009323609
This paper explores for the first time the consequences of centrally imposed local tax limitations on the modelling and estimation of spatial auto-correlation in local fiscal policies, and compares three spatial interaction estimators: a) the conventional maximum likelihood estimator that...
Persistent link: https://www.econbiz.de/10008578180
This paper models the local tax mix determination process in the presence of state-wide tax limitations and shows how excess sensitivity of local public spending to grants (the conventionally and somewhat misleadingly called flypaper effect) arises in the endogenously generated constrained tax...
Persistent link: https://www.econbiz.de/10008805658
Based on a theoretical model where state limits on local government policy elicit a move from private value (position issue) to common value (valence issue) voting, I exploit exogenous variation in tax limitation rules in over 7,000 Italian municipalities during the 2000s to show that fiscal...
Persistent link: https://www.econbiz.de/10010698149
Persistent link: https://www.econbiz.de/10005394941
We study the impact of exogenous variation in Italian municipal elections' voter turnout rates on city performance scores and elected mayors'indicators of valence. First, we build a simple model of voluntary and costly expressive voting, where the relative weight of ideology and valence issues...
Persistent link: https://www.econbiz.de/10011123773
Cultural heritage is a complex and elusive concept, constantly evolving through time, and combining cultural, aesthetic, symbolic, spiritual, historical and economic values. The Handbook on the Economics of Cultural Heritage outlines the contribution of economics to the design and analysis of...
Persistent link: https://www.econbiz.de/10011182504
We study the impact of exogenous variation in Italian municipal elections'voter turnout rates on city performance scores and elected mayors' indicators of valence. First, we build a simple model of voluntary and costly expressive voting, where the relative weight of ideology and valence issues...
Persistent link: https://www.econbiz.de/10010959887
Persistent link: https://www.econbiz.de/10011006363