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This paper builds spatial microfoundations for the functional forms used in the analysis of inter-jurisdictional public spending spillovers. It introduces a symmetric bilateral model that distinguishes between three stages: production of multiple public inputs (intermediary goods), production of...
Persistent link: https://www.econbiz.de/10009547265
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
This paper studies the role of a constitutional rule new to the literature: a limit placed by a city on its own ability to tax or spend. We find that such a limit exists in at least 1 in 8 cities, and that limits are not adopted in response to high levels of or variability in taxation. After...
Persistent link: https://www.econbiz.de/10013096076
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/10013097595
The purpose of this paper is to assess the effects of inter-municipal fiscal cooperation on municipal public spending, based on the French experience. We estimate a model of municipal spending choice using panel data and spatial econometrics for municipalities over the period 1994-2003. We...
Persistent link: https://www.econbiz.de/10013100907
This paper builds spatial microfoundations for the functional forms used in the analysis of inter-jurisdictional public spending spillovers. It introduces a symmetric bilateral model that distinguishes between three stages: production of multiple public inputs (intermediary goods), production of...
Persistent link: https://www.econbiz.de/10013084016
This paper studies the role of a constitutional rule new to the literature — a limit placed by a city on its own ability to tax or spend. We find that such a limit exists in at least one in eight cities. After limit adoption, municipal revenue growth declines by 13 to 17 percent. Our results...
Persistent link: https://www.econbiz.de/10012994961
Although infrastructure is a key input into economic growth, systematic evidence on what drives overall spending across time or place is very limited. In this paper, motivated in part by the difficulties in international comparisons, we focus on infrastructure for which we can measure spending...
Persistent link: https://www.econbiz.de/10013245807
Finland is committed to high quality and extensive public services and a high level of income redistribution. The heavy tax burden these commitments require is becoming increasingly difficult to sustain due to tax competition and the need to harmonise certain taxes with other EU countries. These...
Persistent link: https://www.econbiz.de/10012443937
Switzerland is a highly decentralised country with large spending and revenue-raising powers devolved to cantons and municipalities. The federal system, in combination with an extensive use of direct democracy, has contributed to keep public spending at a relatively low level in international...
Persistent link: https://www.econbiz.de/10012444008