HINDRIKS, Jean; LOCKWOOD, Ben - Center for Operations Research and Econometrics (CORE), … - 2005
This paper studies the relationship between fiscal decentralization and electoral accountability, by analyzing how … decentralization impacts upon incentive and selection effects, and thus on voter welfare. The model abstracts from features such as … public good spillovers or economies of scale, so that absent elections, voters are indifferent about the fiscal regime. The …