Showing 1 - 10 of 28
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 investigate the nature of this asymmetry using a theoretical...
Persistent link: https://www.econbiz.de/10015241673
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. After a brief discussion of the stylized facts in advanced countries,...
Persistent link: https://www.econbiz.de/10015243515
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 investigate the nature of this asymmetry using a theoretical...
Persistent link: https://www.econbiz.de/10011111831
This paper investigates the effects of property taxation on fiscal discipline for a sample of OECD countries over the period 1973-2011. We find that aggregate property taxation in total tax revenues is not statistically correlated with the primary surplus-to-GDP ratio. In contrast, a greater...
Persistent link: https://www.econbiz.de/10010764311
This paper investigates the effects of property taxation on fiscal discipline for a sample of OECD countries over the period 1973–2011. We find that aggregate property taxation in total tax revenues is not statistically correlated with the primary surplus-to-GDP ratio. In contrast, a greater...
Persistent link: https://www.econbiz.de/10010930740
The aim of this paper is to re-examine the relationship between fiscal federalism and the size of local governments. Traditionally, the empirical studies have focused on the different accountability power of grants and local taxes, concluding that the former encourages the growth and the latter...
Persistent link: https://www.econbiz.de/10008725819
We study what affects the volatility of sub-central spending in 20 OECD countries. The evidence based on data from 1972 to 2007 shows that the volatility of intergovernmental grants from upper levels is positively associated with the volatility of local expenditure. On the contrary, the...
Persistent link: https://www.econbiz.de/10011274930
Most of the empirical analysis explores the relationship between fiscal decentralization and economic growth within a constitutional void. This paper investigates the connection between fiscal decentralization and income growth across different institutional settings in 20 OECD countries over...
Persistent link: https://www.econbiz.de/10014150322
We analyse how fiscal decentralization affects the volatility of government consumption extending the existing literature that mainly deals with the effects of the former on government size. Using data for 97 developed and developing countries from 1971 to 2010, we find that a higher degree of...
Persistent link: https://www.econbiz.de/10015241678
We analyse how fiscal decentralization affects the volatility of government consumption extending the existing literature that mainly deals with the effects of the former on government size. Using data for 97 developed and developing countries from 1971 to 2010, we find that a higher degree of...
Persistent link: https://www.econbiz.de/10015241771