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Advocates of fiscal decentralization argue that amongst other benefits, it can increase the efficiency of delivery of … expenditure decentralization and the productive efficiency of government using a data-set of Swiss cantons. We first provide … careful evidence that expenditure decentralization is a powerful proxy for legal local autonomy. Further panel regressions of …
Persistent link: https://www.econbiz.de/10005233763
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/10005146942
Persistent link: https://www.econbiz.de/10010539471
spillover effects - as the case of environment protection spending - comparing decentralized and centralized system, when … spending and taxation decisions are made by nonbenevolent politicians. As in the recent so-called Second Generation Theory (SGT … particular, the convenience of having decentralization versus centralization changes with the degree of spillovers and the size …
Persistent link: https://www.econbiz.de/10008500422
Advocates of fiscal decentralization argue that amongst other benefits, it can increase the efficiency of delivery of … education expenditure decentralization and the productive efficiency of schools using a data-set of Swiss cantons. We first … provide careful evidence that expenditure decentralization is a powerful proxy for legal local autonomy. Further panel …
Persistent link: https://www.econbiz.de/10005123882
coming from symmetric districts, our centralization dominates decentralization for any degree of spillovers. In other cases …
Persistent link: https://www.econbiz.de/10005067739
system a single representative is elected by a federal vote. It is shown that under decentralization, voters strategically … choice is biased towards decentralization. Copyright Springer-Verlag Berlin Heidelberg 2000 …
Persistent link: https://www.econbiz.de/10005167095
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/10005181589
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/10005744338
from homogenous districts, our centralization dominates decentralization for any degree of spillovers. In other cases, it …
Persistent link: https://www.econbiz.de/10005698715