Der vorliegende Beitrag diskutiert die Frage, ob der Mikrostaat Liechtenstein ökonomische Nachteile aus seiner Kleinheit hinzunehmen hat. Am Beispiel des Fürstentums werden verschiedene Dimensionen der Dezentralität aufgezeigt. Kleinheit als dritte Dimension der Dezentralität wird dabei an...

This paper discusses the smallness of subsidiary jurisdictions as a third dimension of centrality, besides vertical centrality and fragmentation (horizontal centrality). A panel analysis concerning all 26 Swiss cantons (from 1990 to 2003) shows that public expenditure per-capita increases with...

We test the hypothesis that the flypaper effect can arise if the recipient government finances part of its expenditures with a distortionary tax. We present a simple theoretical framework that shows how a lump-sum transfer stimulates the marginal expenditures of a recipient government through an...

In Ireland as in many other countries there has been an ongoing debate on the nature, degree and trends of regional imbalance, which has led to substantial research output. While much is now known about these trends, the degree to which they are ameliorated by existing public policies has not...

In Ireland as in many other countries there has been an ongoing debate on the nature, degree and trends of regional imbalance, which has led to substantial research output. While much is now known about these trends, the degree to which they are ameliorated by existing public policies has not...

This paper discusses the smallness of subsidiary jurisdictions as a third dimension of centrality, besides vertical centrality and fragmentation (horizontal centrality). A panel analysis concerning all 26 Swiss cantons (from 1990 to 2003) shows that public expenditure per-capita increases with...

We test the hypothesis that the flypaper effect can arise if the recipient government finances part of its expenditures with a distortionary tax. We present a simple theoretical framework that shows how a lump-sum transfer stimulates the marginal expenditures of a recipient government through an...

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of total government spending. By employing both time-series and province-level panel data,...

Der vorliegende Beitrag diskutiert die Frage, ob der Mikrostaat Liechtenstein ökonomische Nachteile aus seiner Kleinheit hinzunehmen hat. Am Beispiel des Fürstentums werden verschiedene Dimensionen der Dezentralität aufgezeigt. Kleinheit als dritte Dimension der Dezentralität wird dabei an...