Showing 1 - 10 of 822
This paper revisits the fiscal decentralization theorem, by relaxing the role of the assumption that governments are …) centralization can welfare-dominate decentralization even if there are no externalities and regions are heterogenous; (ii …) decentralization can welfare-dominate centralization even if there are positive externalities and regions are homogenous. The intuition …
Persistent link: https://www.econbiz.de/10010275667
This paper contributes to providing insights into the impact of decentralisation on poverty. It starts out with an overview of which role decentralisation plays in strategies and policies for poverty eradication and derives economic and political impact channels. It concentrates on the economic...
Persistent link: https://www.econbiz.de/10011906521
different cases, we conclude that the political force of the decentralization-theorem (Oates) is a sole and inverse function of …
Persistent link: https://www.econbiz.de/10010270385
(centralization) or two (decentralization) regulatory authorities, when the regulator(s) can be partially captured by industry. Under … that centralized regulation is preferable. Under asymmetric information about the firms' costs, lobbying induces a unique … between the goods is high enough, the firms' lobbying activity may be so strong that decentralizing the regulatory structure …
Persistent link: https://www.econbiz.de/10010281488
Biodiversity provides essential services to human societies. Many of these services are provided as public goods, so that they will typically be underprovided both by market mechanisms (because of the impossibility of excluding non-payers from using the services) and by government-run systems...
Persistent link: https://www.econbiz.de/10011335758
Earlier studies estimating the demand for local public services by means of the median voter model have typically assumed exogenous regressors and static set-ups. Furthermore, the commonly used log-linear specification of the demand function has in most cases not been supported by a well-defined...
Persistent link: https://www.econbiz.de/10010321816
We analyze a simple model of local public good provision in a country consisting of a large number of heterogeneous regions, each comprising two districts, a city and a village. When districts remain autonomous and local public goods have positive spillover effects on the neighbouring district,...
Persistent link: https://www.econbiz.de/10010324935
The paper reports the results of three stated preference surveys in urban-rural areas in Northern England. The objective is that of valuing the economic benefits from traffic calming schemes in two areas with different traffic problems from stated preference observations. Both choice-experiments...
Persistent link: https://www.econbiz.de/10011608855
This paper sets out a framework for estimating household preferences over a broad range of housing and neighborhood characteristics, some of which are determined by the way that households sort in the housing market. This framework brings together the treatment of heterogeneity and selection...
Persistent link: https://www.econbiz.de/10010369191
This paper studies the effect of leadership on the level and evolution of pro-social behavior using an artefactual field experiment on local public good provision. Participants decide how much to contribute to an actual conservation project. They can then revise their donations after being...
Persistent link: https://www.econbiz.de/10010316874