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The paper investigates the effects produced by the electoral system on expenditure composition by exploring the case of Italian regions over the period 1986-2009. Empirical analysis shows that the regional current expenditure transfers distributed to families and firms significantly decrease...
Persistent link: https://www.econbiz.de/10010878457
In this paper we re-examine the effects of globalization on fiscal decentralization of OECD by using the overall KOF index of globalization and its main subcomponents - economic, political and social integration. Using different indicators of fiscal decentralization, we find a positive impact of...
Persistent link: https://www.econbiz.de/10010878458
The present work looks at the role of political institutions - political regimes and electoral rules - in determining the performance of the government to define and implement sound policies for the economy. The results of the empirical investigation on a panel of 80 democracies over the period...
Persistent link: https://www.econbiz.de/10010928949