hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …

?s support. We set up a model of hierarchical contests and compare the implications of a centralized allocation process with a … decentralized allocation process. We show the potential existence of a poverty trap as a result of fiscal federalism. …

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …

hierarchical contests and comparing the implications of centralized with decentralized governance. Increasing information available …. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …

comparing decentralized and centralized system. As in the recent Second Generation Theory (SGT) of fiscal federalism (Seabright … rent-seeking behaviour. Moreover, modelling interregional externalities as a mechanism contributing to lowering the … production cost of the public good in each region, a different trade-off - from the traditional and new theory of fiscal …

The political blessings of federalism are the core of our discussion. These benefits are operationalized as the … different cases, we conclude that the political force of the decentralization-theorem (Oates) is a sole and inverse function of … the population size of the nation: Next, the question is addressed how the gains from federalism react to variations in …

The paper analyzes the impact of decentralization on governance employing four indicators of governance and five … measures of decentralization. Depending on data availability, crosssections for a maximum of 129 countries are estimated …. Results for a panel of about 70 countries over the period 1984-2001 are also presented. The results show that decentralization …