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A Comprehensive Analysis of Expenditure Decentralization and of the Composition of Local Public Spending
Sacchi, Agnese - 2014
Many industrialized countries have recently implemented fiscal decentralization reforms assigning more competences and … spending responsibilities to sub-national governments. In this paper we investigate what leads to the decentralization of … findings on the negative link between regional income disparities and expenditure decentralization. A similarly negative …
Persistent link: https://www.econbiz.de/10013060630
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State Fiscal Adjustment During Times of Stress : Possible Causes of the Severity and Composition of Budget Cuts
Clemens, Jeffrey P. - 2012
Efforts to maintain balanced budgets, driven in part by formal requirements, lead to substantial pro-cyclicality in states' capital investments, transfers to local governments, and spending in areas like education and transportation. Extensive reliance on relatively volatile revenue sources...
Persistent link: https://www.econbiz.de/10013098483
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Partial fiscal decentralization and local government spending policy
Kopańska, Agnieszka - In: E-Finanse : finansowy kwartalnik internetowy 14 (2018) 3, pp. 21-31
The aim of this paper is to analyze how limits in revenue and spending autonomy of sub-sovereign governments influence their decisions. Revenue and spending autonomy indicators for Polish towns were established and used in analysis on school education expenditures during 2003–2016. The...
Persistent link: https://www.econbiz.de/10011967332
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"Kosten der Kleinheit" und die Föderalismusdebatte in der Schweiz
Kellermann, Kersten (contributor) - 2007
This paper discusses the smallness of subsidiary jurisdictions as a third dimension of centrality, besides vertical centrality and fragmentation (horizontal centrality). A panel analysis concerning all 26 Swiss cantons (from 1990 to 2003) shows that public expenditure per-capita increases with...
Persistent link: https://www.econbiz.de/10003663783
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Leaders' impact on public spending priorities : the case of the German Laender
Hayo, Bernd; Neumeier, Florian - 2012 - This version: 8 February 2012
We examine determinants of the composition of public expenditure in the German Laender (states) over the period 1993-2008, as the Laender exhibit a high degree of institutional and political homogeneity and are endowed with extensive fiscal competences. Our prime contribution is an investigation...
Persistent link: https://www.econbiz.de/10009488856
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From Containment to Rationalization : Increasing Public Expenditure Efficiency in France
Hallaert, Jean-Jacques - 2016
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas where there is scope for increasing expenditure efficiency, with a view to achieving higher quality and more sustainable fiscal consolidation. The methodology is based on a...
Persistent link: https://www.econbiz.de/10013000738
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Using a 'Debt Brake' to Solve Colorado's Debt Crisis
Merrifield, John D. - 2019
In recent years debt in Colorado has increased at an unsustainable rate. A debt brake is simulated for the Colorado economy. When the debt brake is triggered the spending cap imposed by the Tabor Amendment is reduced, with surplus revenue earmarked for debt reduction. The simulation analysis...
Persistent link: https://www.econbiz.de/10012858154
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Natural disasters, public spending, and creative destruction : a case study of the Philippines
Jha, Shikha; Martinez, Arturo; Quising, Pilipinas; … - 2018
Typhoons, floods, and other weather-related shocks can inflict suffering on local populations and create life-threatening conditions for the poor. Yet, natural disasters also present a development opportunity to upgrade capital stock, adopt new technologies, enhance the risk-resiliency of...
Persistent link: https://www.econbiz.de/10011804470
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From Containment to Rationalization : Increasing Public Expenditure Efficiency in France
Hallaert, Jean-Jacques - 2016
Achieving France's medium-term fiscal targets will require significant expenditure efforts. This paper identifies areas where there is scope for increasing expenditure efficiency, with a view to achieving higher quality and more sustainable fiscal consolidation. The methodology is based on a...
Persistent link: https://www.econbiz.de/10012996033
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Natural Disasters, Public Spending, and Creative Destruction : A Case Study of the Philippines
Jha, Shikha - 2018
Typhoons, floods, and other weather-related shocks can inflict suffering on local populations and create life-threatening conditions for the poor. Yet, natural disasters also present a development opportunity to upgrade capital stock, adopt new technologies, enhance the risk-resiliency of...
Persistent link: https://www.econbiz.de/10012915901