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The economic effects of federalism and decentralization : a cross-country assessment
Voigt, Stefan; Blume, Lorenz - 2009
federalism by employing a simple dummy variable neglect potentially important institutional details. Based on a principal … component analysis, seven aspects of both federalism and decentralization are used as variables for explaining differences in (1 … institutional details do, indeed, matter. Different aspects of federalism impact on the outcome variables to different degrees. This …
Persistent link: https://www.econbiz.de/10010271861
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Fiscal equalization and the tax structure
Holm-Hadulla, Fédéric - 2018
Sub-national governments often finance substantial parts of their budgets via taxes on capital or other mobile factors - despite having access to alternative, less distortionary, revenue sources. This paper develops three hypotheses to explain this pattern and tests them in a natural experiment...
Persistent link: https://www.econbiz.de/10012142047
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Rationalizing Formula Apportionment
Becker, Johannes - 2024
Many federal tax systems employ formula apportionment to allocate the taxable profits of large businesses to the federal subunits, where the subunits' specific tax rates are then applied. The formulas—such as the one recently proposed by the EU Commission and the one agreed upon by the...
Persistent link: https://www.econbiz.de/10015061898
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Do fiscal transfers alleviate business tax competition?: evidence from Germany
Egger, Peter; Koethenbuerger, Marko; Smart, Michael - 2007
The paper empirically analyzes the incentive effects of equalizing transfers on business tax policy by exploiting a natural experiment in the state of Lower Saxony which changed its equalization formula as of 1999. We resort to within-state and across-state difference-indifference estimates to...
Persistent link: https://www.econbiz.de/10010264098
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Business taxes and the electoral cycle
Foremny, Dirk; Riedel, Nadine - 2012
The purpose of this paper is to assess whether politicians manipulate the timing of tax rate changes in a strategic way to maximize reelection prospects. To do so, we exploit the German local business tax as a testing ground which is set autonomously by German municipalities. As election dates...
Persistent link: https://www.econbiz.de/10010280837
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Fiscal federalism and foreign direct investment: An empirical analysis
Feld, Lars P.; Köhler, Ekkehard A.; Palhuca, Leonardo; … - 2022
Previous empirical studies suggest that decentralization, measured by the number of government layers, is associated with less foreign direct investment (FDI). With an improved dataset on tax autonomy of sub-federal government tiers, we present evidence that fiscal decentralization (de facto)...
Persistent link: https://www.econbiz.de/10013189713
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Federalism and Foreign Direct Investment - An Empirical Analysis
Feld, Lars P.; Köhler, Ekkehard A.; Palhuca, Leonardo; … - 2021
Previous empirical studies suggest that decentralization, measured by the number of government layers, is associated with less foreign direct investment (FDI). With an improved dataset on tax autonomy of sub-federal government tiers, we present evidence that fiscal decentralization (de facto)...
Persistent link: https://www.econbiz.de/10012599207
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Power to the people? The impact of decentralization on governance
Dreher, Axel - 2006
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...
Persistent link: https://www.econbiz.de/10010285903
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The economic effects of federalism and decentralization: a cross-country assessment
Voigt, Stefan; Blume, Lorenz - 2009
effects of federalism by drawing on a simple dummy variable neglect potentially important institutional details. Based on a … pricipal component analysis, seven aspects of both federalism and decentralization are used as variables for explaining … that institutional details do, indeed, matter. Different aspects of federalism im pact on the outcome variables in …
Persistent link: https://www.econbiz.de/10010265878
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Tax competition and governmental efficiency: Theory and evidence
Ivanyna, Maksym - 2008
This paper studies the impact of a government's efficiency on the taxation policy of a state. Namely, we claim that the countries are different both in the way they tax capital and the way they spend the collected revenue. We build a model of 2 countries competing for foreign investment,...
Persistent link: https://www.econbiz.de/10010294689