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rivalry in consumption of the publicly provided good. We identify three sources of welfare loss from decentralization … characteristics of the publicly provided good are an important determinant for the welfare costs of decentralization. …
Persistent link: https://www.econbiz.de/10012061833
are co-partisans with presidents, while senators support decentralization regardless of such party ties. When House … with decentralization …
Persistent link: https://www.econbiz.de/10012854074
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10011524602
-specific public goods out of two complementary district-specific inputs. We compare equilibria in non-cooperative decentralization and … centralization welfare-dominates decentralization in most institutional settings and for a wide range of parameters, yet we can also … identify necessary and sufficient conditions for decentralization to welfare-dominate centralization. The setup features three …
Persistent link: https://www.econbiz.de/10008986565
Under the 'new normal' in the labor market, individuals can work remotely or in person, a hybrid work mode that became ubiquitous during the pandemic. This paper studies the efficiency of decentralized leadership in federations in which hybrid work is the modus operandi. Self-interested regional...
Persistent link: https://www.econbiz.de/10014422292
This paper studies the efficiency of decentralized leadership in federations where selfish regional governments provide regional and federal public goods and the benevolent central government implements interregional earmarked and income transfers. Without residential mobility, unlimited...
Persistent link: https://www.econbiz.de/10012981293
. Given this general framework, the convenience of decentralization versus centralization mainly depends on the interaction … regions. To summarize, from a positive viewpoint, decentralization should not be necessarily pursued only in the absence of …
Persistent link: https://www.econbiz.de/10013130419
Applying the Institutional Model of Decentralization, the paper argues that the presumption that local democracy will …, decentralization policy is welfare-enhancing only for the developed regions, not for all, exacerbating interregional welfare disparity …
Persistent link: https://www.econbiz.de/10013110363
-specific public goods out of two complementary district-specific inputs. We compare equilibria in non-cooperative decentralization and … centralization welfare - dominates decentralization in most institutional settings and for a wide range of parameters, yet we can … also identify necessary and sufficient conditions for decentralization to welfare - dominate centralization. The setup …
Persistent link: https://www.econbiz.de/10013113014
Earmarked federal grants are ubiquitous and significant. Traditional fiscal federalism is unable to explain the widespread utilization of such grants. Recent arguments focusing on the potential benefits of centralized earmarking in reducing incentives for the creation of soft budgets at...
Persistent link: https://www.econbiz.de/10013072422