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This paper empirically investigates the underlying determinants of expenditure decentralization, based on the … predictions of a new political economy model of partial decentralization. The analysis is based on an agency model, in which two … decentralization is endogenous and depends on the relative political conditions prevailing at each level of government. Consistent with …
Persistent link: https://www.econbiz.de/10010354073
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011539434
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10012124567
. We show the potential existence of a poverty trap as a result of decentralization in taxation decisions. …
Persistent link: https://www.econbiz.de/10011771541
This paper takes a mechanism design approach to federalism and assumes that local preferences are the private … information of local jurisdictions. Contractual federalism is defined as a strategy-proof contract among the members of the …-proof mechanisms, but they are socially worse than non cooperative decentralization. Federal mechanisms which are neutral and robust to …
Persistent link: https://www.econbiz.de/10008860044
decentralization ; fiscal federalism ; vertical interactions ; partial decentralization ; elections …Fiscal decentralization is high on the agenda in policy fora. This paper empirically investigates the underlying causes … of fiscal decentralization, based on the predictions of a simple political economy model. We argue that the likeliness …
Persistent link: https://www.econbiz.de/10009301206
We explore how the vertical structure of direct democracy in a federal context affects expenditure decisions of sub-central governments. In so doing we revisit previous research on the effect of direct democratic institution on public policies. Particularly, the effect of upper-level (state)...
Persistent link: https://www.econbiz.de/10009665388
traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10011523762
traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …
Persistent link: https://www.econbiz.de/10011523838
We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium implications which are rationally internalized at the federal, but not at the regional level. The political support for taxation therefore differs across levels of government....
Persistent link: https://www.econbiz.de/10011810615