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The Estimated Trade Effects of the Euro: Why Are They Below Those From Historical Monetary Unions Among Smaller Countries?

Jeffrey Frankel - 2009

Andy Rose (2000), followed by many others, has used the gravity model of bilateral trade on a large data set to estimate the trade effects of monetary unions among small countries. The finding has been large estimates: Trade among members seems to double or triple, that is, to increase by...

Persistent link: https://www.econbiz.de/10009483203

Fiscal Decentralization and Economic Growth in Central and Eastern Europe

Andr??s Rodr??guez-Pose and Anne Kr??ijer - 2009

The majority of the literature on fiscal decentralization has tended to stress that the greater capacity of decentralized governments to tailor policies to local preferences and to be innovative in the provision of policies and public services, the greater the potential for economic efficiency...

Persistent link: https://www.econbiz.de/10009483206

Outsourcing and public expenditure: an aggregate perspective with regional data

Delgado Téllez de Cepeda, Mar; Moral Benito, Enrique; …

Outsourcing can be defi ned as the delivery of public services by the private sector. The sign of the effect of outsourcing on public spending is ambiguous ex-ante. While outsourcing may reduce public spending through higher competition in the private sector, it may also increase public spending...

Persistent link: https://www.econbiz.de/10012523682

A fiscal capacity for the euro area: lessons from existing fiscal-federal systems

Burriel Llombart, Pablo; Chronis, Panagiotis; Freier, … - 2020

Tras la crisis económica y financiera, ha emergido en Europa un amplio consenso sobre la necesidad de reforzar la dimensión fiscal para completar la Unión Económica y Monetaria (UEM). Este documento analiza el papel de las transferencias interregionales en algunas de las principales...

Persistent link: https://www.econbiz.de/10012523786

Features. Outsourcing and public expenditure: an aggregate perspective with regional data

Delgado-Téllez, Mar; Moral-Benito, Enrique; Pérez, …

Summary of Banco de España Working Paper no. 1939

Persistent link: https://www.econbiz.de/10012524758

On the determinants of fiscal non-compliance : an empirical analysis of Spain’s regions

Delgado Téllez de Cepeda, Mar; Lledó, Víctor D.; … - 2016

Este trabajo propone un marco analítico para analizar el grado de cumplimiento de los objetivos presupuestarios en marcos descentralizados, considerando factores económicos e institucionales. Este marco se aplica a las Comunidades Autónomas (CCAA) de España en el período 2002-2015. En el...

Persistent link: https://www.econbiz.de/10012530534

Institutional and economic determinants of regional public debt in Spain

Delgado Téllez de Cepeda, Mar; Pérez García, Javier José - 2018

En este documento se hace un análisis empírico de la evolución y de los determinantes de la deuda de las Comunidades Autónomas (CCAA). España constituye un caso interesante de estudio debido a su alto nivel de descentralización fiscal (desarrollado gradualmente durante las últimas cuatro...

Persistent link: https://www.econbiz.de/10012532116

The Economic Case for Fiscal Federalism in Scotland

MacDonald, Ronald; Hallwood, Paul - 2004

financed by a bloc grant from Westminster. Our suggestion falls short of full fiscal federalism for Scotland . meaning that … propositions drawn from the theory of fiscal federalism to argue for a smaller vertical imbalance between taxes retained in … we reject proposals for full fiscal federalism because in sharply reducing vertical imbalance in the Scottish budget, it …

Persistent link: https://www.econbiz.de/10009430062

Deutschland dezentral - Potenziale, Probleme, politische Perspektiven

Fricke, Holger - 2008

Dezentrale, wettbewerblich organisierte föderale Ordnungen, bei denen zentrale Kompetenzen auf niedrigen institutionellen Ebenen liegen und in denen Gebietskörperschaften eine vergleichsweise geringe Größe aufweisen, sind mit beträchtlichen Vorteilen verbunden. So ist es besser möglich,...

Persistent link: https://www.econbiz.de/10009433708

India's cement industry: Productivity, energy efficiency and carbon emissions

Schumacher, Katja; Sathaye, Jayant - 2008

Historical estimates of productivity growth in India's cement sector vary from indicating an improvement to a decline … that technical progress in India's cement sector has been biased towards the use of energy and capital, while it has been …

Persistent link: https://www.econbiz.de/10009435632