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traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … the local level. This renders the degree of tax centralization and the tax burden determinate even if none of the …
Persistent link: https://www.econbiz.de/10011523762
traditional, expenditure-related motives for centralization considered in the fiscal federalism literature is present. If central …We propose a theory of tax centralization and inter governmental grants in politico-economic equilibrium. The cost of … the local level. This renders the degree of tax centralization and the tax burden determinate even if none of the …
Persistent link: https://www.econbiz.de/10011523838
We propose a theory of tax centralization in politico-economic equilibrium. Taxation has dynamic general equilibrium … spending and taxation and create a role for inter governmental grants. The model provides an explanation for the centralization …
Persistent link: https://www.econbiz.de/10011810615
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-off. -- Fiscal federalism ; policy centralization ; political economy …This paper analyzes the relationship between the size of an economic union and the degree of policy centralization. We … consider a political economy setting in which elected representatives bargain about the degree of centralization within the …
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