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The combination of subsidiarity with the principles of fiscal federalism ensures that the government has the knowledge to provide the economically efficient number and amount of public goods without either leaving too much or too little productive activity to the sphere of private exchange. In...
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amplified by economic integration, which makes factors and producers more mobile and enables them to avoid burdensome regulation … growth equations by using internal instruments to identify a causal relationship between regulation and growth in the … presence of international trade and find evidence that both regulation and trade have a significant positive influence on …
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