Showing 1 - 10 of 3,495
Globalization of economic activities and decentralization of government organization are occurring simultaneously. We … consider the implications of government decentralization for intra-national and international trade. Decentralization can … to inbound foreign direct investment suggest a stronger positive effect of decentralization on imports relative to …
Persistent link: https://www.econbiz.de/10010274415
The paper investigates the influence of outside options on the predatory behavior of autocrats. An outside option is referred to as the opportunity of an incumbent ruler to continue his career outside his current territory of control. The paper uses data on the effectiveness of tax collection...
Persistent link: https://www.econbiz.de/10010309573
This paper investigates the changing nature of economic integration in China. Specifically, we consider business-cycle synchronization (correlation of demand and supply shocks) among Chinese provinces during the period 1955-2007. We find that the symmetry of supply shocks has declined after the...
Persistent link: https://www.econbiz.de/10010293979
decentralization in OECD countries. Based on a theoretical framework, the empirical panel analysis relates the degree of public sector … decentralization to economic and European integration, controlling for inter-regional heterogeneity, economies of scale, and …
Persistent link: https://www.econbiz.de/10010297409
clear evidence for a causal relationship between economic and European integration and fiscal decentralization in the case …
Persistent link: https://www.econbiz.de/10010297454
In the context of EMU fiscal equalization schemes have been proposed as a means to stabilize regions against asymmetric shocks. A theoretical analysis shows that besides reducing the cross-sectional income variance the redistributive element of fiscal equalization causes incentive effects for...
Persistent link: https://www.econbiz.de/10010297892
Benefits of federation are in more flexible use of the social and economic potential of its subjects at wide inter-regional competition. The federal system allows to use effects of either greater economic space or more complete considering of local conditions and interests. Specificity of modern...
Persistent link: https://www.econbiz.de/10011399981
This paper examines the optimal entry policy towards oligopoly in a globalized world. In an open economy free entry is socially suboptimal, but corrective tax policy to curb entry proves insufficient unless internationally harmonized. Thus, while conferring the gains from trade, globalization...
Persistent link: https://www.econbiz.de/10010332204
The vertical allocation of regulatory powers within the European two-level system of network sector regulation is analysed from the perspective of the economic theory of legal federalism. The analysis shows that sophisticated combinations of harmonised European rules along with sufficient scope...
Persistent link: https://www.econbiz.de/10010335882
The order and modalities of cross-member state redistribution as well as the net financial position of the member states are one of the most widely discussed aspects of European integration. The paper addresses selected issues in the current debate on the EU budget for the period 2007 to 2013...
Persistent link: https://www.econbiz.de/10012100053