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economics models do not fully capture the impact of political institutions, particularly fiscal decentralization, on urban size … decentralization, in conjunction with political control, portends a more complex environment for urban agglomeration and offers a new … wherein fiscal decentralization is negatively associated with urban agglomeration. Such phenomena can be attributed to the …
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economics models do not fully capture the impact of political institutions, particularly fiscal decentralization, on urban size … decentralization, in conjunction with political control, portends a more complex environment for urban agglomeration and offers a new … wherein fiscal decentralization is negatively associated with urban agglomeration. Such phenomena can be attributed to the …
Persistent link: https://www.econbiz.de/10012912209
This paper develops a model for analysing problems related to centralisation and decentralisation. The model is of the new economic geography type, in which there are agglomeration gains in cities but not in rural areas. These gains are counteracted by residential preferences. We show that, even...
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