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Distributional effects of intergovernmental transfers in Mexico
Rodríguez-Castelán, Carlos; Cadena, Kiyomi; Moreno … - 2020
A rigorous understanding of the developmental effect of fiscal transfers to subnational governments remains an important policy research issue globally. This paper exploits a novel dataset of 20 years of municipal poverty maps and local public finances to study the effects on local welfare of a...
Persistent link: https://www.econbiz.de/10012202072
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Party Polarization, Political Alignment, and Federal Grant Spending at the State Level
Hankins, William - 2017
Research on the distribution of federal expenditures has provided mixed evidence showing that states with more legislators who belong to the president's party and states with more legislators in the chamber majority tend to receive a larger allocation of federal funds. We add to this research by...
Persistent link: https://www.econbiz.de/10012973308
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Does fiscal decentralisation foster regional convergence?
Blöchliger, Hansjörg; Bartolini, David; Stossberg, Sibylle - 2016
Across the OECD, GDP per capita is converging. In contrast, regional disparities – or differences in GDP per capita across jurisdictions – are rising, mainly as a result of widening productivity differences. Fiscal decentralisation could help reduce them again. According to new OECD...
Persistent link: https://www.econbiz.de/10011578400
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The Distortionary Effects of Subsidies for Charity in a Federal System
Galle, Brian D. - 2011
Prevailing accounts of the efficiency of subsidies for the nonprofit sector presume that the only alternative source of public goods is a single sovereign, controlled by a single median voter. Tiebout sorting, however, also provides citizens with alternative bundles of public goods. When these...
Persistent link: https://www.econbiz.de/10014181164
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Government decentralization as a commitment
Grâdšṭayn, Marq - 2014
model to account for this. The idea is that decentralization serves as a commitment device to ensure that ex post chose … the decentralization process in China in 1980-1990s, as well as the fact that government decentralization is generally …
Persistent link: https://www.econbiz.de/10010356365
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Differential Effects of Fiscal Decentralization : Local Revenue Share vs. Local Fiscal Autonomy
Lee, Sunhyung - 2018
We show that the efficacy of fiscal decentralization in enhancing economic growth and labor productivity growth depends … effects, we introduce a distinct measure of fiscal decentralization that serves as a proxy for taxes collected at the sub … practical in nature. In addition to proposing a new proxy for fiscal decentralization, we evaluate the permanent impact of …
Persistent link: https://www.econbiz.de/10012915766
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Institutional quality as the driver of fiscal decentralization in developing countries
Digdowiseiso, Kumba - In: Cogent economics & finance 11 (2023) 2, pp. 1-18
In this essay, I argue that the various institutional settings of fiscal decentralization observed in developing … Generalized Method of Moments (GMM) to address the issue of endogeneity, which is a common issue in fiscal decentralization … studies. The findings show a strong nonlinear relationship between institutional quality and fiscal decentralization metrics …
Persistent link: https://www.econbiz.de/10014503099
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Restricted bailouts and the commitment problem in federations
Kaiser, Karolina - 2008
Standard models of soft budget constraints consider bailouts as pure monetary transfers. However, in practice often additional obligations or restrictions, such as savings goals, are linked to monetary bailouts. This paper analyzes in a model of a federation if such restrictions change economic...
Persistent link: https://www.econbiz.de/10009746788
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Revenue autonomy preference in German state parliaments
Heinemann, Friedrich (contributor) - 2013
Fiscal federalism in Germany is characterized by lacking sub-national tax autonomy and intensive fiscal equalization. Due to a sunset clause, the current equalization system has to be renegotiated by the year 2019. Against this backdrop, this contribution studies the reform preferences of...
Persistent link: https://www.econbiz.de/10010203498
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Our Federalism Is Not Europe’s : It's Becoming Argentina’s
Greve, Michael - 2012
In some ways, a 2012 symposium on “Dilemmas of State Debt” may seem a bit behind the news curve. At the end of 2010, municipal bond markets were in a deep funk. Analysts predicted that countless municipalities and perhaps one or more of the United States might default on their debt...
Persistent link: https://www.econbiz.de/10014164095