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This paper investigates whether fiscal competition affects the structure of public spending, where theory predicts a shift from residential public goods to industrial public goods. We propose an empirical model that specifically accounts for the strategic nature and endogeneity of fiscal...
Persistent link: https://www.econbiz.de/10009767597
Andhra Pradesh is one of the pioneering States to earnestly initiate economic and fiscal reform at the Subnational level in India. Prior to the 1996 reform program, the State's budgetary position was under severe stress as in many States in India. The economic growth was below potential,...
Persistent link: https://www.econbiz.de/10014128852
I show that the weather condition on election day affects future fiscal policy. When it rains during state elections, there is an increase in the relative income of voters, which is followed by an increase in expenditure and debt. The increase in expenditure is directed towards a larger police...
Persistent link: https://www.econbiz.de/10013417291
This study aims to obtain input, and is expected to give more value to the activities of budget planning and development spending in the Province of Jakarta Indonesia. In detail the purpose of this study is to provide recommendations for planning development budget in developing leading sectors...
Persistent link: https://www.econbiz.de/10012924352
Persistent link: https://www.econbiz.de/10008736763
Improving public sector efficiency can help to meet two conflicting objectives: ensuring fiscal consolidation and maintaining room for growth-friendly spending. However, the public sector lags on the application of e-government and e-procurement, insufficiently prioritizes spending, and suffers...
Persistent link: https://www.econbiz.de/10011399346
This working paper explores avenues to improve public sector efficiency in Latvia, a catching-up and ageing economy where spending needs are large. Ensuring that spending allocated to core services (e.g. education, healthcare) is adequate to achieve convergence of policy outcomes to OECD upper...
Persistent link: https://www.econbiz.de/10011399630
Until the early 1990s, the discussions on fiscal policy primarily centered on the functions of economic stabilization, income redistribution and resource allocation. Long-term growth was not usually viewed as an end itself, and fiscal policy was often not sufficiently tailored to the different...
Persistent link: https://www.econbiz.de/10013135700
Tax coordination in the West African Economic and Monetary Union (WAEMU) is one of the most advanced in the world, de jure at least. Since the late 1990s, a number of indirect and direct tax directives have been produced, limiting member States in the conduct of their national tax policies. The...
Persistent link: https://www.econbiz.de/10013083656
Illinois has run a structural deficit for over a decade [as of the date of this paper, October 2011]. The state's unfunded pension obligations are $173 billion, with the fund projected to run out of assets by 2018. Illinois's Other Post Employment Benefits (OPEB)—largely consisting of health...
Persistent link: https://www.econbiz.de/10012911573