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China’s regions have been experiencing impressive growth over the past decades, but their potentials could be better exploited by creating a single product and labour market. Local protectionism increases transaction costs and hinders competition, thereby taking a toll on productivity....
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these challenges is the recently enacted decentralization program, now well underway, which promises to have some wide … scholars, that take a hard, objective look at the many effects of decentralization on economic and political issues in …pt. 1. The history and politics of the 'big bang' decentralization -- pt. 2. Expenditure and tax assignment -- pt. 3 …
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After 162 years of political unification, Italy still displays large regional economic differences. In 2019, the per capita GDP of Lombardia was 39,700 euros, but Calabria's per capita GDP was only 17,300 euros. We build a two-region, two-sector model of the Italian economy to measure the wedges...
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After 162 years of political unification, Italy still displays large regional economic differences. In 2019, the per capita GDP of Lombardia was 39,700 euros, but Calabria’s per capita GDP was only 17,300 euros. We build a two-region, two-sector model of the Italian economy to measure the...
Persistent link: https://www.econbiz.de/10014348040